Ucore Rare Metals (CVE:UCU) Insider Michael Schrider Sells 15,000 Shares of Stock

Ucore Rare Metals Inc. (CVE:UCU) insider Michael Schrider sold 15,000 shares of Ucore Rare Metals stock in a transaction dated Friday, August 28th. The shares were sold at an average price of C$2.71, for a total value of C$40,650.00. Following the completion of the transaction, the insider directly owned 70,000 shares in the company, valued at C$189,700. This represents a 17.65% decrease in their ownership of the stock.

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

• On Thursday, August 27th, Michael Schrider sold 30,000 shares of Ucore Rare Metals stock. The stock was sold at an average price of C$2.90, for a total value of C$87,000.00.
• 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 transaction of C$39,150.00.

Ucore Rare Metals Stock Performance

CVE UCU opened at C$2.64 on Thursday. Ucore Rare Metals Inc. has a one year low of C$2.38 and a one year high of C$13.07. The company’s 50 day moving average price is C$3.61 and its 200 day moving average price is C$5.04. The firm has a market capitalization of C$374.36 million, a price-to-earnings ratio of -6.00 and a beta of -0.06.

Wall Street Analysts Forecast Growth

Separately, Raymond James Financial dropped their price objective 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 equities research analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to MarketBeat.com, Ucore Rare Metals currently has an average rating of “Strong Buy” and a consensus target price 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.