Randy Johnson Sells 10,000 Shares of Ucore Rare Metals (CVE:UCU) Stock

Ucore Rare Metals Inc. (CVE:UCU) insider Randy Johnson sold 10,000 shares of the business’s stock in a transaction dated Wednesday, December 24th. The shares were sold at an average price of C$6.35, for a total transaction of C$63,500.00. Following the completion of the transaction, the insider directly owned 10,556,736 shares of the company’s stock, valued at C$67,035,273.60. The trade was a 0.09% decrease in their position.

Ucore Rare Metals Stock Performance

CVE:UCU opened at C$9.60 on Monday. Ucore Rare Metals Inc. has a 12-month low of C$0.65 and a 12-month high of C$13.07. The stock has a market cap of C$1.03 billion, a price-to-earnings ratio of -21.82 and a beta of 0.52. The company has a 50-day moving average price of C$6.73.

Wall Street Analysts Forecast Growth

UCU has been the topic of a number of analyst reports. Raymond James Financial raised their target price on shares of Ucore Rare Metals from C$14.50 to C$15.50 in a research report on Tuesday, November 4th. B. Riley upgraded Ucore Rare Metals to a “strong-buy” rating in a report on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, Ucore Rare Metals currently has an average rating of “Strong Buy” and an average price target 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.