USA Rare Earth (USAR) Stock Soars on $100M Deal – Is the Rally Sustainable?
USA Rare Earth shares hit a record $20.02 on Oct. 2, 2025, after announcing a $100 million cash-and-stock acquisition of UK-based Less Common Metals and a $125 million PIPE financing. Barbara Humpton took over as CEO Oct. 1. USAR reported no revenues but held $128 million in cash and no significant debt as of August. The stock is up about 170% in six months, fueled by the LCM deal and rare-earth sector momentum.