Avalon Rare Metals Leads Surge in REE Juniors

Avalon Rare Metals (TSX:AVL) gained 11 percent on Tuesday, adding to an 80 percent spike in value over the past three month as the junior rare earth sector enjoys a significant rerating from investors, Mining.com reported.

As quoted in the market news:

There was no fresh news concerning the company or its flagship Nechalacho project in Canada’s Northwest Territories, but Avalon like other heavy REE explorers have been boosted by a recent surge in the price for heavy REEs.

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