Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 30,100 shares, a growth of 30,000.0% from the March 15th total of 100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 431,300 shares, the short-interest ratio is presently 0.1 days.
Rare Element Resources Stock Performance
REEMF opened at $0.97 on Wednesday. The stock has a market capitalization of $499.34 million, a PE ratio of -32.25 and a beta of 1.25. Rare Element Resources has a one year low of $0.17 and a one year high of $1.15. The business’s 50 day moving average price is $0.74 and its 200 day moving average price is $0.54.
Rare Element Resources (OTCMKTS:REEMF – Get Free Report) last announced its quarterly earnings results on Friday, March 21st. The basic materials company reported ($0.01) EPS 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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