Ucore Rare Metals Inc. (CVE:UCU – Get Free Report) insider Randy Johnson sold 75,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of C$9.61, for a total transaction of C$720,750.00. Following the transaction, the insider directly owned 9,951,736 shares of the company’s stock, valued at C$95,636,182.96. This represents a 0.75% decrease in their position.
Ucore Rare Metals Stock Performance
Shares of UCU opened at C$8.36 on Friday. The company has a market cap of C$897.94 million, a PE ratio of -19.00 and a beta of 0.52. The stock has a 50 day moving average of C$7.06. Ucore Rare Metals Inc. has a 52 week low of C$0.65 and a 52 week high of C$13.07.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on UCU shares. Raymond James Financial raised their price target on Ucore Rare Metals from C$14.50 to C$15.50 in a report on Tuesday, November 4th. Lucid Cap Mkts upgraded shares of Ucore Rare Metals to a “strong-buy” rating in a research note on Tuesday, January 27th. Finally, B. Riley upgraded shares of Ucore Rare Metals to a “strong-buy” rating in a research note on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Strong Buy” and an average target price of C$15.50.
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.
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