Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Rating) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 1,600 shares, an increase of 433.3% from the November 15th total of 300 shares. Based on an average daily trading volume, of 187,600 shares, the short-interest ratio is currently 0.0 days.
Rare Element Resources Stock Performance
OTCMKTS REEMF traded down $0.01 during trading hours on Tuesday, reaching $0.42. The stock had a trading volume of 77,911 shares, compared to its average volume of 127,560. The stock has a fifty day moving average of $0.44 and a 200 day moving average of $0.56. The stock has a market cap of $44.28 million, a P/E ratio of -14.33 and a beta of 0.03. Rare Element Resources has a 52-week low of $0.36 and a 52-week high of $1.96.
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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.Featured Stories
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