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

Shares of Ucore Rare Metals Inc. (OTCMKTS:UURAF) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $4.44 and traded as high as $5.3980. Ucore Rare Metals shares last traded at $5.17, with a volume of 246,404 shares traded.

Analyst Ratings Changes

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

Ucore Rare Metals Stock Up 0.6%

The business has a 50 day moving average price of $5.32 and a two-hundred day moving average price of $4.44.

About Ucore Rare Metals

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.