Shares of Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) were down 5% during mid-day trading on Monday . The company traded as low as $0.9880 and last traded at $0.9880. Approximately 69,342 shares changed hands during trading, a decline of 86% from the average daily volume of 508,202 shares. The stock had previously closed at $1.04.
Rare Element Resources Trading Down 5.8%
The stock’s 50-day moving average is $1.10 and its 200-day moving average is $0.98.
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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