Rare Element Resources Ltd. (OTCMKTS:REEMF) Short Interest Update

by · The Cerbat Gem

Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Free Report) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totalling 100 shares, a decrease of 99.8% from the September 30th total of 47,200 shares. Based on an average trading volume of 604,800 shares, the short-interest ratio is currently 0.0 days.

Rare Element Resources Price Performance

Rare Element Resources stock remained flat at $0.39 during trading hours on Friday. The company’s stock had a trading volume of 55,751 shares, compared to its average volume of 145,475. The company’s fifty day simple moving average is $0.32 and its 200-day simple moving average is $0.27. Rare Element Resources has a 12-month low of $0.13 and a 12-month high of $0.50.

Rare Element Resources (OTCMKTS:REEMF – Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The basic materials company reported ($0.01) EPS for the quarter.

Rare Element Resources Company Profile

(Get Free Report)

Rare Element Resources Ltd. engages in the exploration of mineral properties in the United States and Canada. It holds 100% interest in the Bear Lodge property that comprises the Bear Lodge REE project; and the Sundance Gold project located in Crook County, northeast Wyoming. Rare Element Resources Ltd.

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