Rare Earths Americas, Inc. (NYSEAMERICAN:REA – Get Free Report) has earned an average rating of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $25.86.
Separately, Jefferies Financial Group started coverage on shares of Rare Earths Americas in a research note on Wednesday, September 2nd. They set a “hold” rating and a $12.30 price objective on the stock.
View Our Latest Analysis on Rare Earths Americas
Rare Earths Americas Trading Up 3.7%
Shares of REA stock opened at $7.77 on Thursday. The business has a fifty day moving average price of $11.26. Rare Earths Americas has a 12 month low of $6.20 and a 12 month high of $30.02.
Rare Earths Americas (NYSEAMERICAN:REA – Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The company reported ($0.70) earnings per share for the quarter. Sell-side analysts forecast that Rare Earths Americas will post -1.38 EPS for the current fiscal year.
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.
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