Randy Johnson Sells 60,000 Shares of Ucore Rare Metals (CVE:UCU) Stock

Ucore Rare Metals Inc. (CVE:UCU) insider Randy Johnson sold 60,000 shares of the business’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of C$9.28, for a total transaction of C$556,800.00. Following the completion of the sale, the insider owned 9,891,736 shares in the company, valued at approximately C$91,795,310.08. This trade represents a 0.60% decrease in their ownership of the stock.

Ucore Rare Metals Trading Down 14.6%

Shares of UCU stock opened at C$8.36 on Friday. Ucore Rare Metals Inc. has a 1-year low of C$0.65 and a 1-year high of C$13.07. The stock has a market capitalization of C$897.94 million, a price-to-earnings ratio of -19.00 and a beta of 0.52. The stock’s 50-day moving average is C$7.06.

Wall Street Analysts Forecast Growth

UCU has been the topic of a number of research analyst reports. Raymond James Financial boosted their target price on Ucore Rare Metals from C$14.50 to C$15.50 in a research report on Tuesday, November 4th. B. Riley raised Ucore Rare Metals to a “strong-buy” rating in a research note on Thursday, November 20th. Finally, Lucid Cap Mkts raised Ucore Rare Metals to a “strong-buy” rating in a research note on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy” and a consensus price target 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.