Rainbow Rare Earths (OTCMKTS:RBWRF) Shares Down 9%

Rainbow Rare Earths Limited (OTCMKTS:RBWRFGet 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

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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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