Rare Earths Americas (NYSEAMERICAN:REA – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported ($0.70) earnings per share (EPS) for the quarter, FiscalAI reports.
Rare Earths Americas Price Performance
Rare Earths Americas stock traded up $0.38 during midday trading on Thursday, reaching $13.95. The stock had a trading volume of 23,757 shares, compared to its average volume of 231,413. The firm has a 50-day moving average price of $13.91. Rare Earths Americas has a twelve month low of $8.95 and a twelve month high of $30.02. The company has a current ratio of 6.70, a quick ratio of 6.70 and a debt-to-equity ratio of 1.57.
Analyst Ratings Changes
A number of research analysts have weighed in on the company. Stifel Nicolaus initiated coverage on Rare Earths Americas in a research note on Monday, June 1st. They set a “buy” rating and a $30.00 price target on the stock. Canaccord Genuity Group assumed coverage on Rare Earths Americas in a research note on Monday, June 1st. They issued a “buy” rating and a $25.00 target price for the company. B. Riley Financial initiated coverage on Rare Earths Americas in a research report on Monday, June 1st. They set a “buy” rating and a $28.00 target price on the stock. Zacks Research upgraded Rare Earths Americas to a “hold” rating in a report on Tuesday, June 9th. Finally, Cantor Fitzgerald started coverage on shares of Rare Earths Americas in a report on Monday, June 1st. They set a “speculative buy” rating and a $34.00 price objective on the stock. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Rare Earths Americas presently has an average rating of “Moderate Buy” and a consensus target price of $29.25.
Rare Earths Americas Company Profile
Rare Earths Americas Inc is an exploration stage company advancing a portfolio of critical minerals projects focused on high-grade heavy rare earth mineral assets principally in the United States and Brazil. Rare Earths Americas Inc is based in MANCHESTER, Ga.
Read More
- Five stocks we like better than Rare Earths Americas
- Abercrombie’s Comeback Is a Work in Progress
- Roku’s Ad Business Is Growing—These 3 Stocks Could Be Next
- Cleared for Takeoff: Archer Aviation Changes the Math on eVTOL
- Voyager Technologies: Space Force Deal Fuels Growth Despite Heavy Cash Burn
Receive News & Ratings for Rare Earths Americas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rare Earths Americas and related companies with MarketBeat.com's FREE daily email newsletter.
