Insider Selling: Ucore Rare Metals (CVE:UCU) Insider Sells C$87,000.00 in Stock

Ucore Rare Metals Inc. (CVE:UCU) insider Michael Schrider sold 30,000 shares of Ucore Rare Metals stock in a transaction on Thursday, August 27th. The shares were sold at an average price of C$2.90, for a total transaction of C$87,000.00. Following the completion of the transaction, the insider directly owned 70,000 shares of the company’s stock, valued at C$203,000. The trade was a 30.00% decrease in their position.

Michael Schrider also recently made the following trade(s):

• On Friday, August 28th, Michael Schrider sold 15,000 shares of Ucore Rare Metals stock. The stock was sold at an average price of C$2.71, for a total value of C$40,650.00.
• On Monday, August 31st, Michael Schrider sold 15,000 shares of Ucore Rare Metals stock. The shares were sold at an average price of C$2.61, for a total value of C$39,150.00.

Ucore Rare Metals Stock Performance

Ucore Rare Metals stock traded down C$0.08 during trading on Wednesday, reaching C$2.48. The company had a trading volume of 884,887 shares, compared to its average volume of 369,605. The firm’s 50-day simple moving average is C$3.65 and its 200 day simple moving average is C$5.07. Ucore Rare Metals Inc. has a 1-year low of C$2.38 and a 1-year high of C$13.07. The firm has a market capitalization of C$351.67 million, a PE ratio of -5.64 and a beta of -0.06.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial cut their target price on shares of Ucore Rare Metals from C$15.00 to C$14.75 and set an “outperform” rating for the company in a research note on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Strong Buy” and a consensus target price of C$14.75.

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.