Rare Element Resources (OTCMKTS:REEMF) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Rare Element Resources Ltd. (OTCMKTS:REEMFGet Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.61 and traded as high as $0.73. Rare Element Resources shares last traded at $0.69, with a volume of 231,434 shares trading hands.

Rare Element Resources Trading Up 0.0 %

The business’s 50 day moving average is $0.61 and its two-hundred day moving average is $0.45. The company has a market cap of $356.12 million, a PE ratio of -23.00 and a beta of 1.35.

About Rare Element Resources

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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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