American Rare Earths Limited (OTCMKTS:ARRNF – Get Free Report) traded up 4.7% during mid-day trading on Monday. The stock traded as high as $0.2095 and last traded at $0.2094. Approximately 431,116 shares traded hands during trading, a decline of 48% from the average daily volume of 830,598 shares. The stock had previously closed at $0.20.
American Rare Earths Stock Performance
The stock has a fifty day simple moving average of $0.24.
American Rare Earths Limited is an Australia-based company focused on exploring and developing rare earth element deposits in the United States. Its work includes assessing mineral resources and advancing projects toward potential future development; the company is not a major producer of rare earth products. The company’s principal projects include the Halleck Creek Project in Wyoming and the La Paz Project in Arizona. These projects are being explored for rare earth elements used in applications such as permanent magnets, electronics and other advanced technologies.
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