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Short Interest in Rare Element Resources Ltd. (OTCMKTS:REEMF) Grows By 4,433.3%

kopsource ·  Feb 11, 2023 07:22

Rare Element Resources Ltd. (OTCMKTS:REEMF – Get Rating) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 13,600 shares, an increase of 4,433.3% from the January 15th total of 300 shares. Based on an average daily trading volume, of 150,800 shares, the short-interest ratio is currently 0.1 days.

Rare Element Resources Price Performance

REEMF stock opened at $0.38 on Friday. Rare Element Resources has a twelve month low of $0.33 and a twelve month high of $1.35. The business has a 50 day moving average of $0.39 and a 200 day moving average of $0.48.

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Rare Element Resources (OTCMKTS:REEMF – Get Rating) last posted its quarterly earnings data on Wednesday, November 9th. The basic materials company reported ($0.01) earnings per share for the quarter.

Rare Element Resources Company Profile

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Rare Element Resources Ltd. engages in the exploration and development of rare-earth element deposits and mineral properties. Its portfolio includes the Bear Lodge project. The company was founded by Mark Thomas Brown on June 3, 1999 and is headquartered in Lakewood, CO.

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