Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Rating) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 100 shares, a decline of 98.0% from the February 28th total of 5,000 shares. Based on an average trading volume of 116,800 shares, the short-interest ratio is currently 0.0 days.
Rare Element Resources Trading Down 1.7 %
Shares of Rare Element Resources stock traded down $0.01 during trading on Tuesday, reaching $0.29. The stock had a trading volume of 96,354 shares, compared to its average volume of 90,108. The company has a market capitalization of $29.75 million, a price-to-earnings ratio of -9.67 and a beta of 0.15. The stock has a fifty day moving average price of $0.35 and a two-hundred day moving average price of $0.40. Rare Element Resources has a 52 week low of $0.26 and a 52 week high of $1.24.
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Rare Element Resources Ltd. engages in the exploration and development of rare-earth element deposits and mineral properties. Its portfolio includes the Bear Lodge project. The company was founded by Mark Thomas Brown on June 3, 1999 and is headquartered in Lakewood, CO.
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