Rare Earth Stocks Gain Ground in U.S. Trading Session

Stock News06-02

Rare earth sector stocks showed strength during Tuesday's U.S. market session.

One of the leading performers was MP Materials Corp (NYSE: MP).

Its share price advanced by more than 4 percent.

USA Rare Earth LLC (NYSE: USAR)

This company's stock rose over 4.8 percent.

Energy Fuels Inc (NYSE American: UUUU)

Shares of Energy Fuels climbed more than 11 percent.

Critical Metals Corp (NASDAQ: CRML)

The stock gained over 1 percent.

The positive movement followed an analyst initiation.

Investment bank Needham commenced coverage on both MP Materials and USA Rare Earth.

The firm assigned a "Buy" rating to each company.

It set a price target of $81 for MP Materials and $39 for USA Rare Earth.

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