UPDATE: Dahlman Rose Assumes Coverage on Rare Element Resources, Downgrades to Hold
In a report published Wednesday, Dahlman Rose & Co. assumed coverage on Rare Element Resources Ltd. (NYSE: REE), but downgraded its rating from Buy to Hold.
Dahlman Rose noted, “We are assuming coverage of REE with a Hold (downgrade from Buy). Bear Lodge demonstrates an attractive resource grade, positive economics, and location in a favorable jurisdiction for mining investment within the US. Our rating is based on valuation vs. its peer group.”
Rare Element Resources Ltd. closed on Tuesday at $4.24.
Latest Ratings for REE
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 2022 | Cantor Fitzgerald | Initiates Coverage On | Overweight | |
| Sep 2021 | Morgan Stanley | Initiates Coverage On | Underweight | |
| Aug 2021 | BTIG | Initiates Coverage On | Buy |
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: Dahlman Rose & Co.Analyst Color Downgrades Analyst Ratings
