Randy Johnson Sells 20,000 Shares of Ucore Rare Metals (CVE:UCU) Stock

Ucore Rare Metals Inc. (CVE:UCU) insider Randy Johnson sold 20,000 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of C$8.20, for a total value of C$164,000.00. Following the completion of the transaction, the insider owned 9,871,736 shares in the company, valued at approximately C$80,948,235.20. The trade was a 0.20% decrease in their position.

Ucore Rare Metals Price Performance

UCU stock traded down C$0.22 during trading on Wednesday, hitting C$7.48. 117,569 shares of the company’s stock were exchanged, compared to its average volume of 640,574. The firm’s 50-day moving average price is C$7.31. The firm has a market capitalization of C$803.42 million, a PE ratio of -17.00 and a beta of 0.31. Ucore Rare Metals Inc. has a 52-week low of C$0.65 and a 52-week high of C$13.07.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on UCU shares. B. Riley Financial raised shares of Ucore Rare Metals to a “strong-buy” rating in a research report on Thursday, November 20th. Lucid Cap Mkts raised Ucore Rare Metals to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, Raymond James Financial lifted their target price on Ucore Rare Metals from C$14.50 to C$15.50 in a research report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company has an average rating of “Strong Buy” and an average 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.