Ucore Rare Metals (OTCMKTS:UURAF) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Ucore Rare Metals Inc. (OTCMKTS:UURAF)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $4.03 and traded as high as $7.37. Ucore Rare Metals shares last traded at $7.2379, with a volume of 1,429,246 shares traded.

Analyst Ratings Changes

A number of brokerages recently issued reports on UURAF. B. Riley initiated coverage on shares of Ucore Rare Metals in a research note on Friday, November 21st. They issued a “buy” rating and a $9.00 price target on the stock. Raymond James Financial began coverage on shares of Ucore Rare Metals in a research note on Wednesday, October 22nd. They issued an “outperform” rating for the company. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $9.00.

Ucore Rare Metals Stock Performance

The business’s 50 day moving average is $5.11 and its two-hundred day moving average is $4.07.

Ucore Rare Metals Company Profile

Ucore Rare Metals Inc is a Canadian mineral exploration and technology development company specializing in rare earth elements (REE) and other critical metals. The company’s flagship asset is the Separation Rapids Rare Earth Project in Ontario, where it is advancing resource definition, metallurgical testing and environmental studies. Ucore’s exploration portfolio also includes satellite targets for nickel, copper and uranium, reflecting a strategic focus on metals that underpin high-technology, clean-energy and defense applications.

Beyond exploration, Ucore is developing proprietary separation and processing technologies to establish a domestic supply chain for rare earth oxides.