Key Points
- Randy Johnson sold 20,000 shares of Ucore Rare Metals on Feb. 9 at an average price of C$8.20 for C$164,000, leaving him with 9,871,736 shares (a 0.20% ownership decrease).
- Ucore (CVE:UCU) opened at C$7.55 and was down 1.9%; the stock trades within a 12‑month range of C$0.65–C$13.07, has a market cap of C$810.94M and a negative P/E of -17.16.
- Analysts have recently upgraded the stock to a Strong Buy with a consensus price target of C$15.50, while the company focuses on rare earth element development and proprietary separation/processing technology for North American supply chains.
Ucore Rare Metals Inc. (CVE:UCU - Get Free Report) insider Randy Johnson sold 20,000 shares of the business's stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of C$8.20, for a total transaction of C$164,000.00. Following the completion of the sale, the insider owned 9,871,736 shares of the company's stock, valued at approximately C$80,948,235.20. The trade was a 0.20% decrease in their ownership of the stock.
Ucore Rare Metals Stock Down 1.9%
Shares of UCU opened at C$7.55 on Thursday. Ucore Rare Metals Inc. has a twelve month low of C$0.65 and a twelve month high of C$13.07. The stock has a market cap of C$810.94 million, a price-to-earnings ratio of -17.16 and a beta of 0.31. The business has a fifty day moving average price of C$7.33.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the company. Lucid Cap Mkts upgraded Ucore Rare Metals to a "strong-buy" rating in a report on Tuesday, January 27th. B. Riley Financial raised shares of Ucore Rare Metals to a "strong-buy" rating in a research report on Thursday, November 20th. Finally, Raymond James Financial increased their price objective on shares of 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, According to MarketBeat.com, the company presently has a consensus rating of "Strong Buy" and a consensus price target of C$15.50.
Check Out Our Latest Research Report on Ucore Rare Metals
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.
Further Reading
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