Ucore Rare Metals (OTCMKTS:UURAF) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Ucore Rare Metals Inc. (OTCMKTS:UURAF) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.79 and traded as high as $6.72. Ucore Rare Metals shares last traded at $6.32, with a volume of 450,775 shares changing hands.

Wall Street Analyst Weigh In

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

Ucore Rare Metals Stock Performance

The business has a 50 day simple moving average of $4.77 and a 200 day simple moving average of $3.79.

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.