USA Rare Earth Target of Unusually High Options Trading (NASDAQ:USAR)

USA Rare Earth Inc (NASDAQ:USAR) was the recipient of unusually large options trading activity on Thursday. Traders bought 16,205 call options on the company. This is an increase of approximately 46% compared to the typical volume of 11,103 call options.

USA Rare Earth Stock Performance

NASDAQ USAR opened at $14.09 on Friday. USA Rare Earth has a twelve month low of $5.56 and a twelve month high of $20.00.

About USA Rare Earth

USA Rare Earth, Inc is domestic supplier of rare earth magnets and heavy rare earth elements. It is developing a vertically integrated, domestic supply chain for rare earth element magnet production, with a facility in Stillwater, Oklahoma, and mining rights to the Round Top heavy rare earth and critical minerals deposit in West Texas.