Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $1.21 and last traded at $1.18, with a volume of 2220487 shares changing hands. The stock had previously closed at $0.97.
Rare Element Resources Stock Performance
The business has a 50 day moving average of $0.76 and a two-hundred day moving average of $0.56. The firm has a market capitalization of $438.70 million, a price-to-earnings ratio of -28.33 and a beta of 1.25.
Rare Element Resources (OTCMKTS:REEMF - Get Free Report) last posted its earnings results on Friday, March 21st. The basic materials company reported ($0.01) earnings per share for the quarter.
Rare Element Resources Company Profile
(
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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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