Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as $1.04 and last traded at $1.03, with a volume of 2223095 shares changing hands. The stock had previously closed at $0.89.
Rare Element Resources Trading Up 15.2 %
The firm has a market cap of $529.01 million, a P/E ratio of -34.17 and a beta of 1.27. The business’s fifty day moving average price is $0.42 and its two-hundred day moving average price is $0.36.
Rare Element Resources (OTCMKTS:REEMF – Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The basic materials company reported ($0.01) earnings per share for the quarter.
About Rare Element Resources
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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