Ucore Rare Metals (CVE:UCU) Insider Sells C$40,650.00 in Stock

Ucore Rare Metals Inc. (CVE:UCU) insider Michael Schrider sold 15,000 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of C$2.71, for a total value of C$40,650.00. Following the completion of the sale, the insider directly owned 70,000 shares of the company’s stock, valued at C$189,700. 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 value of C$87,000.00.
• 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 Price Performance

Ucore Rare Metals stock traded down C$0.08 during midday trading on Wednesday, hitting C$2.48. 884,887 shares of the company were exchanged, compared to its average volume of 369,605. The company’s fifty day moving average price is C$3.65 and its 200-day moving average price is C$5.07. The company has a market cap of C$351.67 million, a PE ratio of -5.64 and a beta of -0.06. Ucore Rare Metals Inc. has a fifty-two week low of C$2.38 and a fifty-two week high of C$13.07.

Analyst Ratings Changes

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