RFG Advisory LLC Has $1.29 Million Position in USA Rare Earth Inc. $USAR

RFG Advisory LLC lifted its holdings in USA Rare Earth Inc. (NASDAQ:USAR) by 459.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 59,835 shares of the company’s stock after buying an additional 49,133 shares during the period. RFG Advisory LLC’s holdings in USA Rare Earth were worth $1,291,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Allworth Financial LP bought a new stake in shares of USA Rare Earth during the 2nd quarter valued at about $38,000. Ascentis Independent Advisors acquired a new position in USA Rare Earth in the first quarter valued at approximately $27,000. Ameritas Advisory Services LLC lifted its stake in USA Rare Earth by 276.3% in the second quarter. Ameritas Advisory Services LLC now owns 1,987 shares of the company’s stock valued at $43,000 after buying an additional 1,459 shares during the period. First PREMIER Bank boosted its holdings in shares of USA Rare Earth by 100.0% during the 2nd quarter. First PREMIER Bank now owns 2,000 shares of the company’s stock worth $43,000 after buying an additional 1,000 shares in the last quarter. Finally, Larson Financial Group LLC boosted its holdings in shares of USA Rare Earth by 217.5% during the 4th quarter. Larson Financial Group LLC now owns 2,092 shares of the company’s stock worth $25,000 after buying an additional 1,433 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Needham & Company LLC lowered their price objective on shares of USA Rare Earth from $39.00 to $33.00 and set a “buy” rating for the company in a research note on Wednesday, July 22nd. Wall Street Zen upgraded shares of USA Rare Earth from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Benchmark restated a “buy” rating on shares of USA Rare Earth in a report on Wednesday, June 3rd. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of USA Rare Earth in a research note on Tuesday, August 11th. Finally, Weiss Ratings lowered shares of USA Rare Earth from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, August 11th. Ten equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.71.

USA Rare Earth News Roundup

Here are the key news stories impacting USA Rare Earth this week:

• Positive Sentiment: USA Rare Earth broke ground on a planned $1.2 billion rare-earth magnet manufacturing facility in South Carolina. The project could strengthen the company’s U.S.-based supply chain, support future magnet production and increase its strategic importance as domestic demand for critical materials grows. USA Rare Earth breaks ground at $1.2B rare earth magnet manufacturing facility in South Carolina
• Positive Sentiment: The South Carolina project was included among nearly $2 billion of recently announced U.S. industrial investments, highlighting the broader push to expand domestic manufacturing of steel, technology and critical materials. Nearly $2B in facility investments by US Steel, USA Rare Earth and more
• Neutral Sentiment: USA Rare Earth recently completed its acquisition of Brazil’s Serra Verde for $300 million in cash plus approximately 126.8 million shares. The deal adds the Pela Ema mine to the company’s mine, magnet and processing assets, but investors are assessing whether management can handle the additional debt, dilution and production ramp-up. USA Rare Earth acquired Serra Verde
• Negative Sentiment: Shares fell below the key 50-day simple moving average as analysts cited ongoing losses, cash burn and operational risks. The technical weakness adds to concerns following the company’s latest quarterly EPS miss and the need to fund major expansion plans. USAR Falls Below 50-Day SMA
• Negative Sentiment: Rare-earth stocks broadly weakened amid signs of improving U.S.-China relations. A potential easing of trade tensions could reduce the scarcity and domestic-supply premium that had supported USAR and other U.S. rare-earth companies. Rare Earth Stocks Tumble on U.S.-China Thaw Hopes

USA Rare Earth Trading Down 3.0%

USA Rare Earth stock opened at $15.56 on Friday. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of -6.40 and a beta of 2.58. The firm’s fifty day moving average price is $17.31 and its two-hundred day moving average price is $19.91. USA Rare Earth Inc. has a 1-year low of $11.45 and a 1-year high of $43.98.

USA Rare Earth (NASDAQ:USAR) last posted its earnings results on Monday, August 10th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.08). The firm had revenue of $5.82 million for the quarter. On average, research analysts forecast that USA Rare Earth Inc. will post -0.62 EPS for the current year.

USA Rare Earth Profile

USA Rare Earth, Inc is a U.S.-focused critical minerals company developing an integrated rare earth supply chain. Its activities center on the production of rare earth materials used in permanent magnets, electric vehicles, wind turbines, defense systems, electronics and other advanced technologies.

The company’s principal asset is the Round Top rare earth and critical minerals project in Hudspeth County, Texas. USA Rare Earth is advancing plans to mine and process ore from Round Top and produce separated rare earth oxides and other critical mineral products, including materials containing neodymium, praseodymium, dysprosium and terbium.