Shares of 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 $0.49 and traded as low as $0.4510. Rare Element Resources shares last traded at $0.4950, with a volume of 131,613 shares trading hands.
Rare Element Resources Price Performance
The stock has a market cap of $255.47 million, a PE ratio of -49.50 and a beta of 0.88. The business has a 50 day moving average price of $0.49 and a two-hundred day moving average price of $0.65.
Rare Element Resources Company Profile
Rare Element Resources is a U.S.-based exploration and development company focused on rare earth element deposits. The company’s flagship asset is the Bear Lodge project in northeastern Wyoming, which hosts both light and heavy rare earth oxides such as neodymium, praseodymium and dysprosium. Rare Element Resources is working to advance this project through feasibility, permitting and eventual commercial production to establish a domestic supply of critical minerals.
Incorporated in the mid-2000s and headquartered in Highlands Ranch, Colorado, Rare Element Resources has conducted extensive drilling, metallurgical test work and engineering studies to refine its processing technology.
Featured Stories
- Five stocks we like better than Rare Element Resources
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Receive News & Ratings for Rare Element Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rare Element Resources and related companies with MarketBeat.com's FREE daily email newsletter.
