USA Rare Earth Inc. $USAR Position Boosted by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its position in USA Rare Earth Inc. (NASDAQ:USAR) by 1,461,225.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,453 shares of the company’s stock after buying an additional 58,449 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.05% of USA Rare Earth worth $1,005,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of USAR. Titleist Asset Management LLC acquired a new position in shares of USA Rare Earth in the 1st quarter worth approximately $145,000. Newtyn Management LLC acquired a new stake in shares of USA Rare Earth during the 1st quarter valued at approximately $4,114,000. International Assets Investment Management LLC bought a new position in USA Rare Earth during the second quarter worth $250,000. MMCAP International Inc. SPC acquired a new position in USA Rare Earth in the second quarter worth $261,000. Finally, Pier 88 Investment Partners LLC acquired a new position in USA Rare Earth in the second quarter worth $588,000.

Analysts Set New Price Targets

USAR has been the topic of a number of research reports. Roth Capital set a $40.00 target price on shares of USA Rare Earth in a report on Friday, October 10th. William Blair began coverage on shares of USA Rare Earth in a research note on Monday, October 20th. They set an “outperform” rating on the stock. Benchmark reissued a “buy” rating on shares of USA Rare Earth in a report on Monday, December 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of USA Rare Earth in a report on Monday, December 22nd. Finally, UBS Group reiterated a “buy” rating on shares of USA Rare Earth in a research report on Monday, December 8th. Six equities research 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, the company presently has an average rating of “Moderate Buy” and an average target price of $26.33.

USA Rare Earth Trading Down 7.0%

USAR opened at $13.51 on Monday. The business’s 50 day moving average is $16.62 and its 200-day moving average is $16.29. The stock has a market cap of $1.79 billion, a PE ratio of -25.98 and a beta of 0.92. USA Rare Earth Inc. has a twelve month low of $5.56 and a twelve month high of $43.98.

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

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.