Rainbow Rare Earths Limited (OTCMKTS:RBWRF – Get Free Report) shares shot up 24% on Friday . The company traded as high as $0.16 and last traded at $0.16. 7,000 shares traded hands during trading, a decline of 69% from the average session volume of 22,761 shares. The stock had previously closed at $0.13.
Rainbow Rare Earths Stock Performance
The business’s 50-day moving average is $0.14 and its two-hundred day moving average is $0.17.
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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