Rainbow Rare Earths Limited (OTCMKTS:RBWRF – Get Free Report)’s stock price shot up 7.7% during mid-day trading on Friday . The stock traded as high as $0.16 and last traded at $0.14. 79,400 shares were traded during trading, an increase of 269% from the average session volume of 21,507 shares. The stock had previously closed at $0.13.
Rainbow Rare Earths Trading Up 7.7 %
The company has a fifty day moving average of $0.13 and a 200-day moving average of $0.14.
Rainbow Rare Earths Company Profile
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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