Rainbow Rare Earths Limited (OTCMKTS:RBWRF – Get Free Report)’s stock price shot up 34.5% during mid-day trading on Friday . The company traded as high as $0.17 and last traded at $0.17. 4,920 shares were traded during trading, a decline of 80% from the average session volume of 24,228 shares. The stock had previously closed at $0.13.
Rainbow Rare Earths Trading Up 34.5 %
The company’s fifty day moving average price is $0.15 and its 200 day moving average price is $0.18.
Rainbow Rare Earths Company Profile
Rainbow Rare Earths Limited engages in the mining and exploration of rare earth minerals. It explores for neodymium, dysprosium, terbium, and praseodymium deposits. The company holds 90% interest in the Gakara project covering an area of approximately 135 square kilometers located in Western Burundi.
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