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Rare Element Resources (OTCMKTS:REEMF) Stock Crosses Above Fifty Day Moving Average - Here's What Happened

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Rare Element Resources Ltd. (OTCMKTS:REEMF - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.61 and traded as high as $0.73. Rare Element Resources shares last traded at $0.69, with a volume of 231,434 shares changing hands.

Rare Element Resources Trading Down 3.1 %

The company's fifty day moving average is $0.62 and its two-hundred day moving average is $0.45. The stock has a market cap of $363.91 million, a price-to-earnings ratio of -23.50 and a beta of 1.35.

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.

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