USA Rare Earth (NASDAQ:USAR) Shares Up 5.4% - Here's What Happened

Key Points

• Shares rose 5.4% to $17.69 on Friday (intraday high $17.80) with 9.6 million shares traded, about 22% below the stock's average session volume and up from a prior close of $16.79.
• Analyst sentiment is broadly positive with a consensus rating of "Moderate Buy" (six Buys, one Sell) and a consensus target of $26.33; notable targets include Canaccord's $23 and Roth Capital's $40.
• USA Rare Earth is a development‑stage REE and lithium company advancing the Round Top deposit in West Texas, has a market cap of $2.35 billion, and recently missed quarterly EPS estimates (reported loss of $0.25 vs. consensus -$0.06).

USA Rare Earth Inc. (NASDAQ:USAR - Get Free Report)'s stock price traded up 5.4% during trading on Friday . The company traded as high as $17.80 and last traded at $17.69. 9,595,114 shares were traded during mid-day trading, a decline of 22% from the average session volume of 12,280,145 shares. The stock had previously closed at $16.79.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Canaccord Genuity Group upped their price target on shares of USA Rare Earth from $22.00 to $23.00 and gave the company a "buy" rating in a research report on Friday, November 7th. Weiss Ratings restated a "sell (d-)" rating on shares of USA Rare Earth in a report on Monday, December 29th. William Blair started coverage on USA Rare Earth in a research report on Monday, October 20th. They set an "outperform" rating on the stock. Benchmark reiterated a "buy" rating on shares of USA Rare Earth in a research report on Monday, December 8th. Finally, Roth Capital set a $40.00 price objective on USA Rare Earth in a research note on Friday, October 10th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $26.33.

USA Rare Earth Trading Up 5.4%

The firm has a market cap of $2.35 billion, a PE ratio of -34.02 and a beta of 0.96. The firm has a fifty day simple moving average of $15.01 and a two-hundred day simple moving average of $16.50.

USA Rare Earth (NASDAQ:USAR - Get Free Report) last posted its earnings results on Thursday, November 6th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.19).

Institutional Investors Weigh In On USA Rare Earth

Institutional investors and hedge funds have recently modified their holdings of the stock. Perigon Wealth Management LLC bought a new stake in shares of USA Rare Earth during the 4th quarter valued at about $265,000. CoreCap Advisors LLC lifted its holdings in USA Rare Earth by 583.8% in the fourth quarter. CoreCap Advisors LLC now owns 7,433 shares of the company's stock worth $88,000 after buying an additional 6,346 shares during the period. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in USA Rare Earth in the fourth quarter worth about $311,000. MFG Wealth Management Inc. bought a new stake in USA Rare Earth during the 4th quarter valued at approximately $659,000. Finally, GK Wealth Management LLC purchased a new position in shares of USA Rare Earth during the 4th quarter worth approximately $197,000.

About USA Rare Earth

USA Rare Earth NASDAQ: USAR is a development-stage critical minerals company focused on advancing a fully integrated rare earth element (REE) and lithium project in the United States. Its flagship asset is the Round Top deposit in West Texas, a large, polymetallic concentration of light and heavy rare earth elements, lithium and other co-products. The company seeks to move this asset through resource delineation, pilot-scale processing and eventual commercial production to address growing domestic demand for secure REE supply chains.

In addition to exploration, USA Rare Earth is engineering an on-site separation facility that will utilize dry magnetic separation and hydrometallurgical flowsheets to produce mixed rare earth carbonates.

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