Insider Selling: Ucore Rare Metals (CVE:UCU) Insider Sells 30,000 Shares

Ucore Rare Metals Inc. (CVE:UCU) insider Michael Schrider sold 30,000 shares of the stock in a transaction on Thursday, August 27th. The shares were sold at an average price of C$2.90, for a total value of C$87,000.00. Following the sale, the insider directly owned 70,000 shares in the company, valued at C$203,000. This trade represents a 30.00% decrease in their position.

Michael Schrider also recently made the following trade(s):

• On Friday, August 28th, Michael Schrider sold 15,000 shares of Ucore Rare Metals stock. The shares were sold at an average price of C$2.71, for a total value of C$40,650.00.
• On Monday, August 31st, Michael Schrider sold 15,000 shares of Ucore Rare Metals stock. The stock was sold at an average price of C$2.61, for a total value of C$39,150.00.

Ucore Rare Metals Stock Down 3.1%

Shares of CVE UCU traded down C$0.08 during mid-day trading on Wednesday, reaching C$2.48. 884,887 shares of the company were exchanged, compared to its average volume of 369,605. The stock has a market cap of C$351.67 million, a price-to-earnings ratio of -5.64 and a beta of -0.06. Ucore Rare Metals Inc. has a 1 year low of C$2.38 and a 1 year high of C$13.07. The firm has a 50-day moving average of C$3.65 and a 200 day moving average of C$5.07.

Wall Street Analysts Forecast Growth

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

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.