USA Rare Earth (USAR) Stock Pauses Friday: What's Going On?
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USA Rare Earth (USAR) shares are down despite a recent announcement of new partners for a Texas mining project. The company selected Fluor Corp and WSP Global Inc to advance the Sierra Blanca project, aiming for commercial production by late 2028. Currently, USAR stock is trading 36.5% above its 20-day SMA, indicating strong momentum but also caution due to overbought conditions. Analysts maintain a Buy rating with a price target of $18.00, while shares were up 2.51% at $23.29 on Friday.
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