William Blair initiated coverage of USA Rare Earth (USAR) with an Outperform rating and no price target USA Rare Earth is one of the few fully integrated rare earth companies, featuring a research facility developing proprietary rare earth extraction and purification technology, a magnet manufacturing facility, and majority ownership of the Round Top mine in Texas, the analyst tells investors in a research note. The firm sees the company’s assets generating long-term shareholder return. Blair also believes the U.S. government may announce sizable investment in USA Rare Earth.
Claim 55% Off TipRanks
Forget margin or options. Here's how the pros trade USARPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on USAR:
