Insider Selling: Ucore Rare Metals (CVE:UCU) Insider Sells 20,000 Shares of Stock

Ucore Rare Metals Inc. (CVE:UCU) insider Randy Johnson sold 20,000 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of C$8.20, for a total value of C$164,000.00. Following the sale, the insider directly owned 9,871,736 shares of the company’s stock, valued at C$80,948,235.20. The trade was a 0.20% decrease in their ownership of the stock.

Ucore Rare Metals Trading Down 2.9%

Ucore Rare Metals stock traded down C$0.22 during trading on Wednesday, hitting C$7.48. The company had a trading volume of 117,569 shares, compared to its average volume of 640,574. The stock has a market cap of C$803.42 million, a PE ratio of -17.00 and a beta of 0.31. Ucore Rare Metals Inc. has a 1-year low of C$0.65 and a 1-year high of C$13.07. The company has a 50 day simple moving average of C$7.31.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Raymond James Financial upped their price objective on Ucore Rare Metals from C$14.50 to C$15.50 in a research report on Tuesday, November 4th. B. Riley Financial upgraded Ucore Rare Metals to a “strong-buy” rating in a report on Thursday, November 20th. Finally, Lucid Cap Mkts raised Ucore Rare Metals to a “strong-buy” rating in a research report on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, Ucore Rare Metals currently has a consensus rating of “Strong Buy” and an average target price of C$15.50.

Ucore Rare Metals Inc (CVE: UCU) is a Canadian company focused on the development and commercialization of rare earth element (REE) resources and related processing technologies. The company concentrates on advancing projects and metallurgical processes intended to produce both light and heavy rare earth oxides, which are critical inputs for high‑technology, defense, and clean‑energy applications. Ucore’s activities span exploration-stage project development as well as downstream processing and separation work aimed at creating a more secure North American supply chain for critical minerals.

A central element of Ucore’s offering is proprietary separation and processing technology designed to improve the efficiency and economics of REE extraction and purification.