Free Trial

Rare Element Resources (OTCMKTS:REEMF) Sets New 1-Year High - Should You Buy?

Rare Element Resources logo with Basic Materials background

Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $1.04 and last traded at $1.03, with a volume of 2223095 shares trading hands. The stock had previously closed at $0.89.

Rare Element Resources Stock Up 8.3 %

The company has a market capitalization of $433.38 million, a price-to-earnings ratio of -27.99 and a beta of 1.28. The stock's 50-day moving average price is $0.47 and its 200-day moving average price is $0.38.

Rare Element Resources (OTCMKTS:REEMF - Get Free Report) last issued its earnings results on Wednesday, November 6th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter.

About Rare Element Resources

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in Rare Element Resources Right Now?

Before you consider Rare Element Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rare Element Resources wasn't on the list.

While Rare Element Resources currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines