Rare Element Resources (OTCMKTS:REEMF - Get Free Report) announced its earnings results on Friday. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports.
Rare Element Resources Price Performance
Shares of OTCMKTS REEMF traded up $0.01 during mid-day trading on Tuesday, reaching $0.71. 237,371 shares of the company traded hands, compared to its average volume of 449,607. Rare Element Resources has a fifty-two week low of $0.16 and a fifty-two week high of $1.15. The firm has a market cap of $368.14 million, a PE ratio of -23.78 and a beta of 1.35. The stock has a fifty day simple moving average of $0.68 and a 200-day simple moving average of $0.48.
About Rare Element Resources
(
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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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