Ucore Rare Metals (CVE:UCU) Stock Rating Upgraded by Lucid Cap Mkts

Ucore Rare Metals (CVE:UCU) was upgraded by research analysts at Lucid Cap Mkts to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

UCU has been the subject of a number of other reports. Raymond James Financial boosted 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 research note on Thursday, November 20th. Two research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the company currently has an average rating of “Strong Buy” and a consensus target price of C$15.50.

Ucore Rare Metals Trading Up 3.2%

Shares of CVE UCU opened at C$9.88 on Tuesday. Ucore Rare Metals has a 52 week low of C$0.65 and a 52 week high of C$13.07. The stock has a market capitalization of C$1.06 billion, a price-to-earnings ratio of -22.45 and a beta of 0.52. The firm has a 50 day moving average price of C$6.92.

Insider Activity at Ucore Rare Metals

In related news, insider Randy T. Johnson sold 10,000 shares of the company’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 owned 10,556,736 shares in the company, valued at C$67,035,273.60. This represents a 0.09% decrease in their position. Also, insider Llc Orca Holdings sold 10,000 shares of the stock in a transaction on Wednesday, December 24th. The shares were sold at an average price of C$6.35, for a total value 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 approximately C$67,035,273.60. This represents a 0.09% decrease in their ownership of the stock. Over the last ninety days, insiders have sold 30,000 shares of company stock valued at $205,000.

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.