Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $1.16, but opened at $1.12. Rare Element Resources shares last traded at $1.10, with a volume of 39,068 shares trading hands.
Rare Element Resources Price Performance
The firm has a 50-day moving average price of $0.91 and a two-hundred day moving average price of $0.83. The company has a market capitalization of $598.69 million, a P/E ratio of -58.00 and a beta of 0.93.
About Rare Element Resources
Rare Element Resources Ltd. engages in the exploration of mineral properties in the United States and Canada. It holds 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project; and the Sundance Gold project located in Crook County, northeast Wyoming. Rare Element Resources Ltd.
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