Overview
- Shares rose 13.92% on Monday to close at $31.59, breaking a four-day losing streak.
- William Blair initiated coverage with an outperform rating, part of a broader bullish view on select domestic critical-minerals names.
- The firm highlighted a looming start for USA Rare Earth’s magnet facility as a potential growth driver.
- Earlier this month, the company said it is in talks with the U.S. government and is keeping officials informed of its plans.
- Coverage linked the company’s government discussions to recent federal equity purchases in peers MP Materials and Lithium Americas, underscoring policy-driven interest in the sector.