Rare Earth Stocks Soar After Trump's Greenland Security Announcement

This article first appeared on GuruFocus. Shares of Greenland Energy (GLND), Greenland Mines (GRML) and Critical Metals (CRML) surged on early Monday after investors reacted to a new U.S. security arrangement involving Greenland and Denmark. Warning! GuruFocus has detected 4 Warning Sign with NVO. Is GLD fairly valued? Test your thesis with our free DCF calculator. Greenland Energy more than doubled, while Greenland Mines and Critical Metals posted sharp gains. The agreement outlines a larger U.S. role in Greenland's security affairs, prompting speculation that resource projects on the island could attract greater strategic attention from Washington. The deal is expected to be finalized during the United Nations General Assembly.