Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Rating) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 100 shares, a decline of 99.6% from the December 31st total of 25,000 shares. Based on an average trading volume of 448,700 shares, the days-to-cover ratio is presently 0.0 days.
Rare Element Resources Stock Performance
Shares of REEMF traded down $0.00 during mid-day trading on Monday, hitting $0.38. The company's stock had a trading volume of 179,700 shares, compared to its average volume of 131,489. Rare Element Resources has a fifty-two week low of $0.36 and a fifty-two week high of $1.75. The firm has a 50-day moving average price of $0.41 and a 200 day moving average price of $0.51.
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Rare Element Resources Ltd. engages in the exploration of mineral properties in the United States. It holds a 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project and the Sundance Gold project located in central Crook County, northeast Wyoming. The company is headquartered in Littleton, Colorado.See Also
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