Ucore Rare Metals (CVE:UCU) Upgraded to Hold at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Ucore Rare Metals (CVE:UCU) to a hold rating in a research note released on Tuesday morning,Zacks reports.

Separately, Raymond James Financial decreased their target price on Ucore Rare Metals from C$15.00 to C$14.75 and set an “outperform” rating on the stock in a research report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$14.75.

Ucore Rare Metals Price Performance

UCU opened at C$2.75 on Tuesday. The business has a fifty day simple moving average of C$3.42 and a 200 day simple moving average of C$4.91. The company has a market capitalization of C$389.96 million, a PE ratio of -6.25 and a beta of -0.13. Ucore Rare Metals has a 1 year low of C$2.38 and a 1 year high of C$13.07.

Insider Buying and Selling at Ucore Rare Metals

In other news, insider Michael Schrider sold 15,000 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of C$2.61, for a total value of C$39,150.00. Following the completion of the sale, the insider owned 70,000 shares of the company’s stock, valued at approximately C$182,700. This represents a 17.65% decrease in their ownership of the stock. Insiders sold a total of 60,000 shares of company stock valued at $166,800 over the last ninety days.

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.