USA Rare Earth (USAR) Surges 7.5% Ahead of Q1 Earnings
USA Rare Earth Inc. (NASDAQ:USAR) is one of the 10 Stocks Racking Up Monster Gains.
USA Rare Earth surged by 7.50 percent on Monday to finish at $23.51 apiece, as investors loaded portfolios ahead of the results of its earnings performance in the first quarter of the year.
Based on its earnings report for the same period last year, USA Rare Earth Inc. (NASDAQ:USAR) is expected to release its financial and operating highlights between May 11 and 15, 2026.
USA Rare Earth’s magnet facility in Stillwater, Oklahoma. Photo from the USA Rare Earth website
In recent news, USA Rare Earth Inc. (NASDAQ:USAR) announced the acquisition of a rare earth miner for $2.8 billion.
In an updated report, USA Rare Earth Inc. (NASDAQ:USAR) said that it inked a definitive agreement with Serra Verde Group for the acquisition of its entire stake for a combination of cash and stock transaction.
Serra Verde, which owns the Pela Ema rare earth mine and processing plant in Goiás, Brazil, will be acquired for $300 million in cash and more than 126.8 million USAR shares.
The transaction is expected to close in the third quarter of the year, subject to customary closing conditions and regulatory approvals.
“The acquisition of Serra Verde represents a transformational step in delivering on our ambition to build a global champion and the partner of choice in rare earth elements, oxides, metals and magnets,” USA Rare Earth Inc. (NASDAQ:USAR) CEO Barbara Humpton said, noting that Serra Verde is the only producer outside Asia capable of supplying all four magnetic rare earths at scale, including Dysprosium, Yttrium, and Terbium.
“By combining Serra Verde’s world-class operations and team with our processing, separation, metallization, and magnet-making capabilities, we are advancing our goal of creating a fully integrated platform that will serve as a cornerstone of global rare earth supply security for decades to come,” she added.
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