Ucore Rare Metals (CVE:UCU) Insider Sells C$39,150.00 in Stock

Ucore Rare Metals Inc. (CVE:UCU) insider Michael Schrider sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of C$2.61, for a total transaction of C$39,150.00. Following the completion of the transaction, the insider directly owned 70,000 shares in the company, valued at approximately C$182,700. The trade was a 17.65% decrease in their position.

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

• On Thursday, August 27th, Michael Schrider sold 30,000 shares of Ucore Rare Metals stock. The shares were sold at an average price of C$2.90, for a total transaction of C$87,000.00.
• 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 transaction of C$40,650.00.

Ucore Rare Metals Stock Performance

Shares of UCU stock traded down C$0.08 during mid-day trading on Wednesday, reaching C$2.48. 884,887 shares of the company’s stock traded hands, compared to its average volume of 369,605. The firm has a market capitalization of C$351.67 million, a PE ratio of -5.64 and a beta of -0.06. Ucore Rare Metals Inc. has a 12 month low of C$2.38 and a 12 month high of C$13.07. The firm has a 50 day moving average price of C$3.65 and a two-hundred day moving average price of C$5.07.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial reduced their price target on Ucore Rare Metals from C$15.00 to C$14.75 and set an “outperform” rating for the company in a research report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus 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.