Ucore Rare Metals (CVE:UCU) Upgraded at Lucid Cap Mkts

Lucid Cap Mkts upgraded shares of Ucore Rare Metals (CVE:UCU) to a strong-buy rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other equities analysts have also issued reports on UCU. Raymond James Financial boosted their price target on Ucore Rare Metals from C$14.50 to C$15.50 in a research note on Tuesday, November 4th. B. Riley raised shares of Ucore Rare Metals to a “strong-buy” rating in a research note on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the company has a consensus rating of “Strong Buy” and a consensus price target of C$15.50.

Ucore Rare Metals Stock Performance

CVE UCU opened at C$9.79 on Tuesday. Ucore Rare Metals has a one year low of C$0.65 and a one year high of C$13.07. The company has a market cap of C$1.05 billion, a price-to-earnings ratio of -22.25 and a beta of 0.52. The stock’s 50 day simple moving average is C$7.01.

Insiders Place Their Bets

In related news, insider Llc Orca Holdings sold 10,000 shares of Ucore Rare Metals stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of C$6.35, for a total value of C$63,500.00. Following the completion of the sale, the insider owned 10,556,736 shares in the company, valued at approximately C$67,035,273.60. The trade was a 0.09% decrease in their ownership of the stock. Also, insider Randy T. Johnson sold 10,000 shares of the business’s stock in a transaction on Wednesday, December 24th. The stock was sold at an average price of C$6.35, for a total value of C$63,500.00. Following the transaction, the insider owned 10,556,736 shares of the company’s stock, valued at C$67,035,273.60. This trade represents a 0.09% decrease in their position. Insiders sold a total of 30,000 shares of company stock worth $205,000 over the last 90 days.

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.