Rainbow Rare Earths Ltd (LON:RBW) traded up 32.3% during mid-day trading on Tuesday . The stock traded as high as GBX 2.50 ($0.03) and last traded at GBX 2.48 ($0.03). 813,230 shares changed hands during trading, an increase of 126% from the average session volume of 359,313 shares. The stock had previously closed at GBX 1.88 ($0.02).
The company has a current ratio of 0.28, a quick ratio of 0.10 and a debt-to-equity ratio of 10.28. The company has a market capitalization of $5.25 million and a PE ratio of -0.89.
COPYRIGHT VIOLATION NOTICE: This article was originally published by Mayfield Recorder and is the sole property of of Mayfield Recorder. If you are viewing this article on another domain, it was stolen and reposted in violation of international copyright and trademark laws. The original version of this article can be accessed at https://mayfieldrecorder.com/2019/04/25/rainbow-rare-earths-rbw-trading-32-3-higher.html.
Rainbow Rare Earths Company Profile (LON:RBW)
Rainbow Rare Earths Limited, a mining company, engages in the exploration, evaluation, development, and production of rare earth properties. It primarily holds a 90% interest in the Gakara project covering an area of approximately 135 km2 located in Western Burundi. The company was founded in 2011 and is headquartered in London, the United Kingdom.
Further Reading: NASDAQ Stock Market Explained
Receive News & Ratings for Rainbow Rare Earths Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rainbow Rare Earths and related companies with MarketBeat.com's FREE daily email newsletter.