Shares of Rainbow Rare Earths Limited (OTCMKTS:RBWRF – Get Free Report) rose 34.5% during mid-day trading on Friday . The stock traded as high as $0.17 and last traded at $0.17. Approximately 4,920 shares changed hands during trading, a decline of 80% from the average daily volume of 24,228 shares. The stock had previously closed at $0.13.
Rainbow Rare Earths Stock Up 34.5 %
The business’s 50 day moving average is $0.15 and its 200 day moving average is $0.18.
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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