The Rare Earth/Strategic Metals ETF (REMX) is seeing unusually high volume in afternoon trading Friday, with over 99,000 shares traded versus three month average volume of about 81,000. Shares of REMX were up about 0.4% on the day.
Components of that ETF with the highest volume on Friday were Molycorp (MCP), trading off about 0.9% with over 879,000 shares changing hands so far this session, and Titanium Metals (TIE), down about 0.4% on volume of over 705,000 shares. Thompson Creek Metal (TCM.CA) is the component faring the best Friday, higher by about 2.5% on the day, while Great Western Minerals Group Limited (GWG.CA) is lagging other components of the Rare Earth/Strategic Metals ETF, trading lower by about 1.2%.
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