Shares of Rainbow Rare Earths Limited (OTCMKTS:RBWRF – Get Free Report) were up 900% during trading on Wednesday . The stock traded as high as $0.16 and last traded at $0.16. Approximately 1,400 shares were traded during trading, a decline of 83% from the average daily volume of 8,271 shares. The stock had previously closed at $0.02.
Rainbow Rare Earths Stock Up 900.0 %
The firm’s fifty day moving average is $0.11 and its two-hundred day moving average is $0.12.
About Rainbow Rare Earths
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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