Ucore Rare Metals (OTCMKTS:UURAF) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Ucore Rare Metals Inc. (OTCMKTS:UURAF)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $4.44 and traded as high as $5.3980. Ucore Rare Metals shares last traded at $5.17, with a volume of 246,404 shares trading hands.

Wall Street Analysts Forecast Growth

UURAF has been the subject of several recent research reports. Raymond James Financial assumed coverage on Ucore Rare Metals in a research note on Wednesday, October 22nd. They issued an “outperform” rating for the company. B. Riley Financial assumed coverage on Ucore Rare Metals in a report on Friday, November 21st. They issued a “buy” rating and a $9.00 price objective for the company. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $9.00.

Ucore Rare Metals Stock Performance

The stock’s 50-day moving average is $5.32 and its 200-day moving average is $4.44.

About Ucore Rare Metals

Ucore Rare Metals Inc is a Canadian mineral exploration and technology development company specializing in rare earth elements (REE) and other critical metals. The company’s flagship asset is the Separation Rapids Rare Earth Project in Ontario, where it is advancing resource definition, metallurgical testing and environmental studies. Ucore’s exploration portfolio also includes satellite targets for nickel, copper and uranium, reflecting a strategic focus on metals that underpin high-technology, clean-energy and defense applications.

Beyond exploration, Ucore is developing proprietary separation and processing technologies to establish a domestic supply chain for rare earth oxides.