Rainbow Rare Earths Limited (OTCMKTS:RBWRF – Get Free Report) shares dropped 1.4% on Friday . The stock traded as low as $0.14 and last traded at $0.14. Approximately 15,000 shares were traded during trading, an increase of 60% from the average daily volume of 9,370 shares. The stock had previously closed at $0.14.
Rainbow Rare Earths Price Performance
The business’s fifty day simple moving average is $0.11 and its 200-day simple moving average is $0.13.
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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