Insider Selling: Ucore Rare Metals (CVE:UCU) Insider Sells 10,000 Shares of Stock

Ucore Rare Metals Inc. (CVE:UCU) insider Llc Orca Holdings sold 10,000 shares of Ucore Rare Metals stock in a transaction that occurred 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 directly owned 10,556,736 shares in the company, valued at approximately C$67,035,273.60. This trade represents a 0.09% decrease in their position.

Llc Orca Holdings also recently made the following trade(s):

• On Monday, November 10th, Llc Orca Holdings sold 10,000 shares of Ucore Rare Metals stock. The shares were sold at an average price of C$7.80, for a total value of C$78,000.00.
• On Tuesday, October 28th, Llc Orca Holdings sold 10,000 shares of Ucore Rare Metals stock. The shares were sold at an average price of C$7.00, for a total transaction of C$70,000.00.

Ucore Rare Metals Stock Down 2.5%

CVE:UCU traded down C$0.25 during trading hours on Friday, reaching C$9.60. 648,787 shares of the company’s stock were exchanged, compared to its average volume of 702,982. Ucore Rare Metals Inc. has a 1-year low of C$0.65 and a 1-year high of C$13.07. The firm has a market cap of C$1.03 billion, a price-to-earnings ratio of -21.82 and a beta of 0.52. The firm’s 50-day moving average is C$6.73.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. B. Riley upgraded Ucore Rare Metals to a “strong-buy” rating in a research note on Thursday, November 20th. Raymond James Financial upped their price objective on shares of Ucore Rare Metals from C$14.50 to C$15.50 in a research report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, Ucore Rare Metals currently has an average 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.