Rainbow Rare Earths Limited (OTCMKTS:RBWRF – Get Free Report)’s stock price fell 7.1% during mid-day trading on Friday . The stock traded as low as $0.13 and last traded at $0.13. 300 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 21,507 shares. The stock had previously closed at $0.14.
Rainbow Rare Earths Price Performance
The company has a 50-day moving average price of $0.13 and a 200-day moving average price of $0.14.
About Rainbow Rare Earths
Rainbow Rare Earths Limited engages in the mining and exploration of rare earth minerals. It explores for neodymium, dysprosium, terbium, and praseodymium deposits. The company holds 90% interest in the Gakara project covering an area of approximately 135 square kilometers located in Western Burundi.
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