USA Rare Earth Sees Unusually High Options Volume (NASDAQ:USAR)

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

USA Rare Earth Trading Down 10.9 %

Shares of NASDAQ:USAR traded down $1.71 during trading on Thursday, reaching $13.95. The stock had a trading volume of 3,481,336 shares, compared to its average volume of 753,883. USA Rare Earth has a 52 week low of $5.56 and a 52 week 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.