USA Rare Earth Inc (NASDAQ:USAR) shares are rising Thursday after the company recently announced that it added two new partners to a mining project in Texas.
USA Rare Earth stock is showing exceptional strength. What’s fueling USAR momentum?
New Mining Partners Selected
USA Rare Earth selected Fluor Corp. and WSP Global Inc as its engineering, procurement, and construction management partners. Their inclusion will help advance a project in Sierra Blanca, Texas.
The company plans to expedite the project by implementing an accelerated mine plan, which includes the completion of the first phase of its DFS using data from its solvent extraction pilot work. The operation of its demonstration plant in Wheat Ridge, Colorado is also in progress, with 2,000 continuous hours projected to conclude by October 2026.
In tandem, USA Rare Earth intends to carry out confirmatory and geotechnical drilling at Round Top in the first half of 2026. This, together with a heap leach optimization study, will support mine design and engineering. These collective efforts aim to progress toward the commercial production of heavy rare earth oxides by late 2028.
Technical Analysis
The stock is currently trading 44.7% above its 20-day simple moving average (SMA) and 27.7% above its 100-day SMA, demonstrating strong short-term momentum. Over the past 12 months, shares have increased 23.23% and are currently positioned closer to their 52-week highs than lows, reflecting a robust long-term trend.
The RSI is at 62.50, which is considered neutral territory, while the MACD is above its signal line, indicating bullish momentum. The combination of neutral RSI and bullish MACD suggests mixed momentum, indicating potential for further gains.
- Key Resistance: $23.00
- Key Support: $20.00
Earnings & Analyst Outlook
Investors are looking ahead to the next earnings report on February 15, 2026.
- EPS Estimate: Loss of 7 cents
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $18.00. Recent analyst moves include:
- Canaccord Genuity: Buy (Raises Target to $23.00) (Nov. 7, 2025)
- William Blair: Initiated with Outperform (Oct. 20, 2025)
- Canaccord Genuity: Buy (Raises Target to $22.00) (Sep. 30, 2025)
Price Action
USAR Price Action: USA Rare Earth shares were up 19.92% at $23.18 at the time of publication on Thursday, according to Benzinga Pro data.
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