Texas Yale Capital Corp. Makes New Investment in USA Rare Earth Inc. $USAR

Texas Yale Capital Corp. acquired a new position in shares of USA Rare Earth Inc. (NASDAQ:USAR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 241,800 shares of the company’s stock, valued at approximately $2,877,000. Texas Yale Capital Corp. owned 0.18% of USA Rare Earth at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Alyeska Investment Group L.P. boosted its position in USA Rare Earth by 44.0% during the 3rd quarter. Alyeska Investment Group L.P. now owns 12,799,325 shares of the company’s stock worth $219,034,000 after acquiring an additional 3,909,455 shares during the period. Bayshore Capital Advisors LLC acquired a new stake in shares of USA Rare Earth during the 4th quarter valued at about $102,378,000. Vanguard Group Inc. lifted its holdings in shares of USA Rare Earth by 533.3% during the 4th quarter. Vanguard Group Inc. now owns 6,036,486 shares of the company’s stock valued at $71,834,000 after buying an additional 5,083,288 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of USA Rare Earth by 213.1% during the 4th quarter. Geode Capital Management LLC now owns 2,170,097 shares of the company’s stock valued at $25,829,000 after buying an additional 1,476,990 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of USA Rare Earth by 10.2% during the 4th quarter. UBS Group AG now owns 1,279,378 shares of the company’s stock valued at $15,225,000 after buying an additional 118,812 shares during the last quarter.

USA Rare Earth Price Performance

Shares of USA Rare Earth stock opened at $28.01 on Monday. The firm has a market cap of $6.25 billion, a price-to-earnings ratio of -7.15 and a beta of 2.33. USA Rare Earth Inc. has a 52-week low of $8.00 and a 52-week high of $43.98. The stock has a 50-day simple moving average of $21.15 and a 200-day simple moving average of $18.87.

USA Rare Earth (NASDAQ:USAR) last issued its quarterly earnings data on Wednesday, May 13th. The company reported ($0.12) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.04. The company had revenue of $5.70 million during the quarter. As a group, equities research analysts predict that USA Rare Earth Inc. will post -0.33 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on USAR shares. Wedbush lifted their price target on USA Rare Earth from $29.00 to $35.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Roth Mkm set a $30.00 price target on USA Rare Earth in a report on Monday, April 20th. Cantor Fitzgerald lifted their price target on USA Rare Earth from $30.00 to $35.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Northland Securities started coverage on USA Rare Earth in a report on Thursday, April 23rd. They set an “outperform” rating and a $45.00 price target for the company. Finally, Wall Street Zen upgraded USA Rare Earth from a “strong sell” rating to a “sell” rating in a report on Saturday, May 16th. Eight research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, USA Rare Earth has a consensus rating of “Moderate Buy” and an average target price of $35.40.

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.