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USA Rare Earth (NASDAQ:USAR) Stock Price Down 12.4% – Here’s Why
['Kim Johansen']
Markets Daily
Shares of USA Rare Earth Inc. (NASDAQ:USAR – Get Free Report) dropped 12.4% during mid-day trading on Thursday .
Get USA Rare Earth alerts:Get Our Latest Report on USARUSA Rare Earth Trading Down 12.4%The company has a fifty day moving average price of $16.15 and a two-hundred day moving average price of $17.30.
USA Rare Earth Company Profile(Get Free Report)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.
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.
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