Insider Selling: Ucore Rare Metals (CVE:UCU) Insider Sells C$556,800.00 in Stock

Ucore Rare Metals Inc. (CVE:UCU) insider Randy Johnson sold 60,000 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of C$9.28, for a total value of C$556,800.00. Following the completion of the transaction, the insider owned 9,891,736 shares of the company’s stock, valued at C$91,795,310.08. This trade represents a 0.60% decrease in their position.

Ucore Rare Metals Trading Down 14.6%

Ucore Rare Metals stock opened at C$8.36 on Monday. The company’s 50-day moving average price is C$7.06. The stock has a market cap of C$897.94 million, a P/E ratio of -19.00 and a beta of 0.52. Ucore Rare Metals Inc. has a fifty-two week low of C$0.65 and a fifty-two week high of C$13.07.

Analyst Upgrades and Downgrades

Several research firms have commented on UCU. Raymond James Financial upped their price target on shares of Ucore Rare Metals from C$14.50 to C$15.50 in a report on Tuesday, November 4th. B. Riley upgraded Ucore Rare Metals to a “strong-buy” rating in a research note on Thursday, November 20th. Finally, Lucid Cap Mkts raised Ucore Rare Metals to a “strong-buy” rating in a report on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating, According to MarketBeat, Ucore Rare Metals presently has a consensus rating of “Strong Buy” and a consensus target price of C$15.50.

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.