One other thing to note is that the REMX ETF has been doing nothing since July last year, while the prices and demand for REE has been increasing. This can't keep on going like that forever. You can't have material demand and prices increasing and stock prices decreasing. Once this starts showing up in company earnings, the ETF should start making new highs. Similar thing has been happening with Lithium and Battery Tech ETF. Something will have to give eventually.
ATH on REMX ETF was in 2011 which sits at 240% higher than what it is today.
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