Rare Earths Americas, Inc. (NYSEAMERICAN:REA) Stock Has Average Target Price of $25.86 According to Analysts

Rare Earths Americas, Inc. (NYSEAMERICAN:REA) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $25.86.

REA has been the subject of a number of research analyst reports. Zacks Research raised shares of Rare Earths Americas to a “hold” rating in a research report on Tuesday, June 9th. Jefferies Financial Group assumed coverage on shares of Rare Earths Americas in a research report on Wednesday, September 2nd. They issued a “hold” rating and a $12.30 target price for the company.

Rare Earths Americas Stock Performance

NYSEAMERICAN REA opened at $10.04 on Friday. Rare Earths Americas has a 1 year low of $8.95 and a 1 year high of $30.02. The business’s 50-day moving average is $12.08.

Rare Earths Americas (NYSEAMERICAN:REA) last posted its quarterly earnings data on Tuesday, August 11th. The company reported ($0.70) EPS for the quarter. On average, sell-side analysts expect that Rare Earths Americas will post -1.38 earnings per share for the current year.

About Rare Earths Americas

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.