Darwin Wealth Management LLC Invests $693,000 in USA Rare Earth Inc. $USAR

Darwin Wealth Management LLC purchased a new stake in USA Rare Earth Inc. (NASDAQ:USAR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 40,321 shares of the company’s stock, valued at approximately $693,000.

Other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC lifted its stake in shares of USA Rare Earth by 158.2% in the second quarter. NewEdge Advisors LLC now owns 2,324 shares of the company’s stock valued at $25,000 after buying an additional 1,424 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in USA Rare Earth by 10,448.0% in the 2nd quarter. SBI Securities Co. Ltd. now owns 2,637 shares of the company’s stock valued at $29,000 after acquiring an additional 2,612 shares in the last quarter. Osaic Holdings Inc. acquired a new position in USA Rare Earth during the 2nd quarter valued at about $38,000. LMR Partners LLP bought a new stake in USA Rare Earth during the 2nd quarter worth approximately $145,000. Finally, Titleist Asset Management LLC purchased a new stake in shares of USA Rare Earth in the first quarter worth approximately $145,000.

USA Rare Earth Price Performance

Shares of NASDAQ:USAR opened at $13.51 on Friday. The company has a market capitalization of $1.79 billion, a PE ratio of -25.98 and a beta of 0.91. USA Rare Earth Inc. has a 1 year low of $5.56 and a 1 year high of $43.98. The business has a fifty day moving average price of $16.62 and a two-hundred day moving average price of $16.23.

USA Rare Earth (NASDAQ:USAR) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.19).

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. UBS Group reaffirmed a “buy” rating on shares of USA Rare Earth in a research report on Monday, December 8th. Benchmark reaffirmed a “buy” rating on shares of USA Rare Earth in a report on Monday, December 8th. William Blair started coverage on shares of USA Rare Earth in a research note on Monday, October 20th. They issued an “outperform” rating for the company. Canaccord Genuity Group increased their target price on shares of USA Rare Earth from $22.00 to $23.00 and gave the company a “buy” rating in a report on Friday, November 7th. Finally, Roth Capital set a $40.00 price target on shares of USA Rare Earth in a report on Friday, October 10th. Six investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, USA Rare Earth presently has a consensus rating of “Moderate Buy” and an average price target of $26.33.

USA Rare Earth Company Profile

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.