Ucore Rare Metals (CVE:UCU) Upgraded at B. Riley

B. Riley upgraded shares of Ucore Rare Metals (CVE:UCU) to a strong-buy rating in a research note released on Thursday,Zacks.com reports.

Separately, Raymond James Financial upped their target price on Ucore Rare Metals from C$14.50 to C$15.50 in a report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Strong Buy” and a consensus target price of C$15.50.

Ucore Rare Metals Price Performance

UCU opened at C$5.50 on Thursday. Ucore Rare Metals has a one year low of C$0.57 and a one year high of C$13.07. The company has a market cap of C$501.94 million, a price-to-earnings ratio of -26.19 and a beta of 0.90.

Insider Transactions at Ucore Rare Metals

In other news, insider Randy T. Johnson sold 10,000 shares of the company’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of C$6.50, for a total value of C$65,000.00. Following the sale, the insider directly owned 8,941,736 shares of the company’s stock, valued at C$58,121,284. This represents a 0.11% decrease in their position. Also, insider Llc Orca Holdings sold 10,000 shares of the stock in a transaction dated Friday, October 24th. The stock was sold at an average price of C$6.50, for a total transaction of C$65,000.00. Following the completion of the transaction, the insider owned 8,941,736 shares of the company’s stock, valued at approximately C$58,121,284. The trade was a 0.11% decrease in their ownership of the stock. Insiders have sold a total of 124,500 shares of company stock worth $867,330 in the last ninety days.