Rare Earths Americas, Inc. (NYSEAMERICAN:REA) Stock Has Consensus Price Target of $25.86

Rare Earths Americas, Inc. (NYSEAMERICAN:REA) has earned an average rating of “Moderate Buy” from the six analysts that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $25.86.

Several equities research analysts recently commented on the company. Jefferies Financial Group initiated coverage on Rare Earths Americas in a report on Wednesday, September 2nd. They set a “hold” rating and a $12.30 target price on the stock. Zacks Research raised shares of Rare Earths Americas to a “hold” rating in a research report on Tuesday, June 9th.

Rare Earths Americas Price Performance

Shares of NYSEAMERICAN REA opened at $9.63 on Friday. The firm has a fifty day moving average of $12.00. Rare Earths Americas has a 12-month low of $8.95 and a 12-month high of $30.02.

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

Rare Earths Americas Company Profile

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.