Rainbow Rare Earths Limited (OTCMKTS:RBWRF – Get Free Report) traded down 9% during mid-day trading on Tuesday . The company traded as low as $0.14 and last traded at $0.14. 10,000 shares changed hands during trading, a decline of 57% from the average session volume of 23,174 shares. The stock had previously closed at $0.16.
Rainbow Rare Earths Price Performance
The firm’s fifty day moving average is $0.15 and its 200-day moving average is $0.16.
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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