Rainbow Rare Earths (RBW) Trading 11.1% Higher

Rainbow Rare Earths Ltd (LON:RBW)’s share price traded up 11.1% during mid-day trading on Thursday . The stock traded as high as GBX 5 ($0.07) and last traded at GBX 5 ($0.07). 365,000 shares were traded during trading, an increase of 2% from the average session volume of 359,313 shares. The stock had previously closed at GBX 4.50 ($0.06).

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Rainbow Rare Earths Company Profile (LON:RBW)

Rainbow Rare Earths Limited, a mining company, explores for, evaluates, develops, and produces rare earth deposits. It owns a 100% interest in the Gakara project that includes a mining and exploration license covering an area of approximately 135 square kilometers located in the Bujumbura province of Western Burundi.

Further Reading: How to calculate the intrinsic value of a stock

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