Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) was the target of a significant decrease in short interest in the month of February. As of February 29th, there was short interest totalling 354,300 shares, a decrease of 17.3% from the February 14th total of 428,500 shares. Based on an average daily volume of 355,000 shares, the short-interest ratio is presently 1.0 days.
Rare Element Resources Price Performance
Shares of REEMF stock opened at $0.20 on Friday. Rare Element Resources has a 1 year low of $0.13 and a 1 year high of $0.99. The stock’s 50 day simple moving average is $0.23 and its two-hundred day simple moving average is $0.36. The company has a market cap of $21.36 million, a PE ratio of -5.12 and a beta of -0.35.
Rare Element Resources Company Profile
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