Rare Element Resources (OTCMKTS:REEMF) Share Price Passes Below 50-Day Moving Average of $0.36

Rare Element Resources Ltd. (OTCMKTS:REEMFGet Rating)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.36 and traded as low as $0.30. Rare Element Resources shares last traded at $0.34, with a volume of 44,810 shares changing hands.

Rare Element Resources Stock Performance

The firm’s 50-day moving average price is $0.36 and its 200 day moving average price is $0.41.

Rare Element Resources Company Profile

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Rare Element Resources Ltd. engages in the exploration and development of rare-earth element deposits and mineral properties. Its portfolio includes the Bear Lodge project. The company was founded by Mark Thomas Brown on June 3, 1999 and is headquartered in Lakewood, CO.

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