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

Ucore Rare Metals Inc. (OTCMKTS:UURAF)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $3.58 and traded as high as $6.21. Ucore Rare Metals shares last traded at $5.64, with a volume of 835,467 shares trading hands.

Analyst Ratings Changes

A number of analysts recently commented on the company. Raymond James Financial assumed coverage on Ucore Rare Metals in a report on Wednesday, October 22nd. They set an “outperform” rating on the stock. B. Riley initiated coverage on Ucore Rare Metals in a research note on Friday, November 21st. They set a “buy” rating and a $9.00 price objective on the stock. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Ucore Rare Metals currently has an average rating of “Buy” and an average price target of $9.00.

Ucore Rare Metals Stock Performance

The stock has a 50-day moving average of $4.65 and a two-hundred day moving average of $3.58.

Ucore Rare Metals Company Profile

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.