Ucore Rare Metals (CVE:UCU) Insider Randy Johnson Sells 20,000 Shares

Ucore Rare Metals Inc. (CVE:UCUGet Free Report) insider Randy Johnson sold 20,000 shares of Ucore Rare Metals stock in a transaction on Monday, February 9th. The stock was sold at an average price of C$8.20, for a total value of C$164,000.00. Following the transaction, the insider directly owned 9,871,736 shares of the company’s stock, valued at approximately C$80,948,235.20. This represents a 0.20% decrease in their ownership of the stock.

Ucore Rare Metals Price Performance

Ucore Rare Metals stock opened at C$7.55 on Thursday. Ucore Rare Metals Inc. has a fifty-two week low of C$0.65 and a fifty-two week high of C$13.07. The firm has a market capitalization of C$810.94 million, a price-to-earnings ratio of -17.16 and a beta of 0.31. The firm has a fifty day moving average price of C$7.33.

Analyst Ratings Changes

Several research firms have recently commented on UCU. Raymond James Financial increased their price target on shares of Ucore Rare Metals from C$14.50 to C$15.50 in a research report on Tuesday, November 4th. B. Riley Financial upgraded Ucore Rare Metals to a “strong-buy” rating in a report 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 equities research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, Ucore Rare Metals has a consensus rating of “Strong Buy” and a consensus price target of C$15.50.

Check Out Our Latest Analysis 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

Insider Buying and Selling by Quarter for Ucore Rare Metals (CVE:UCU)

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