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Stock Market & Financial Investment News

News Breaks
August 7, 2014
07:02 EDTREERare Element reports Q2 EPS (6c) vs. (12c) last year
For accounting purposes, the Company is classified as an exploration stage company and, as such, does not have production-related revenues at this time. The key drivers behind the lower year-over-year expenses were primarily a decrease in exploration and evaluation expenses of $0.9M, the result of a shift to technical and economic evaluation with a related reduction in exploration expenses offset slightly by an increase in expenses for metallurgical and engineering test work, lower corporate administrative cost of $0.5M, primarily due to lower stock-based compensation expense, and a favorable variance in currency translation of $0.9M.
News For REE From The Last 14 Days
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February 1, 2016
17:11 EDTREERare Element to voluntarily delist from NYSE
Rare Element has notified the NYSE of its decision to voluntarily delist its common shares from the NYSE due to costs associated with the continued listing and NYSE continued listing requirements. The company anticipates that the last day of trading for its common shares on the NYSE will be on or about February 22. The company intends to have its shares traded on the OTC Pink Current Information marketplace once the delisting from NYSE is complete.

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