James N. Blue, 10% Owner at RARE ELEMENT RESOURCES LTD (REEMF), bought 100,149,060 shares at $2.40 ($240.7M) on 2026-03-10, disclosed to the SEC on 2026-03-13.
James N. Blue executed the largest insider purchase in the company's history by acquiring 100.1 million shares for approximately $24.1 million, signaling strong conviction in Rare Element Resources at current levels. This massive accumulation comes as the stock trades 15% below its 52-week high of $0.80, potentially offering a deep value entry point for sophisticated investors.
The stock is currently trading 15% below its 52-week high of $0.80 and 21.43% above its 52-week low of $0.56, reflecting a volatile trading range over the past year.
The largest insider purchase in company history occurred on March 10, 2026, with 100.1 million shares acquired at $2.40 per share.
The broader industry saw a net selling pressure of -5.8% over the last 90 days, and the company trades at a negative forward P/E of -4.47, indicating current losses.
Negative factors outweigh the positive ones.