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Trade USAR with leverageThe latest announcement is out from USA Rare Earth ( (USAR) ).
On March 4, 2026, USA Rare Earth agreed to acquire all outstanding shares of Texas Mineral Resources in an all-stock deal valued at about $73 million, issuing 3,823,328 USAR shares and consolidating full ownership and economics of the Round Top heavy rare earth and critical minerals project. The transaction, announced March 5, 2026 and expected to close by the third quarter of 2026 subject to customary approvals including a TMRC shareholder vote, simplifies governance, secures lease and prospecting rights over more than 10,000 acres, and strengthens USAR’s bid to build a non‑China, mine-to-magnet supply chain that supports U.S. defense and advanced manufacturing while enhancing liquidity and diversification for TMRC investors.
Under USAR’s Accelerated Mining Plan, Round Top on Texas state land is slated to feed roughly 40,000 metric tons per day of rare earth and critical mineral ore into a vertically integrated network of processing, metal-making and magnet facilities, and the deal gives USAR 100% control to align capital planning, engineering and execution. The boards of both companies have approved the merger, TMRC’s directors and executives holding about 19% of the stock have signed voting support agreements, and Texas officials highlighted potential benefits for local jobs, state school funding and U.S. efforts to reduce dependence on Chinese rare earth supply, although completion remains contingent on regulatory clearances and closing conditions.
The most recent analyst rating on (USAR) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on USA Rare Earth stock, see the USAR Stock Forecast page.
Spark’s Take on USAR Stock
According to Spark, TipRanks’ AI Analyst, USAR is a Neutral.
The score is held back primarily by weak financial performance (zero reported revenue, ongoing operating losses, and consistently negative operating/free cash flow despite improvement). Offsetting this are strong technical momentum and a constructive earnings narrative supported by liquidity and scaling plans, while valuation is constrained by a negative P/E and corporate events add upside potential alongside dilution/execution risk.
To see Spark’s full report on USAR stock, click here.
More about USA Rare Earth
USA Rare Earth, Inc. is building a fully integrated rare earth and permanent magnet supply chain across the United States, United Kingdom and Europe, spanning heavy rare earth processing, metal-making, alloy production and neodymium magnet manufacturing. Through ownership of Less Common Metals and development of the Round Top deposit in Texas and a magnet plant in Stillwater, Oklahoma, it targets a secure, Western-aligned source of materials for defense, robotics, semiconductors, electrification and advanced manufacturing.
Texas Mineral Resources Corp. focuses primarily on developing and commercializing the Round Top heavy rare earth, technology metals and industrial minerals project in Hudspeth County, Texas, where it holds an 18.6% interest alongside its joint venture partner. TMRC also pursues other domestic mining opportunities in gold and silver, and its shares trade on the OTCQB market under the symbol TMRC.
Average Trading Volume: 18,391,383
Technical Sentiment Signal: Buy
Current Market Cap: $4.23B
For detailed information about USAR stock, go to TipRanks’ Stock Analysis page.