Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.65 and traded as low as $0.61. Rare Element Resources shares last traded at $0.65, with a volume of 97,057 shares.
Rare Element Resources Price Performance
The firm has a market cap of $351.47 million, a price-to-earnings ratio of -22.70 and a beta of 1.35. The firm has a fifty day simple moving average of $0.67 and a two-hundred day simple moving average of $0.47.
Rare Element Resources (OTCMKTS:REEMF - Get Free Report) last issued its quarterly earnings results on Friday, March 21st. The basic materials company reported ($0.01) earnings per share for the quarter.
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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