Ucore Rare Metals (OTCMKTS:UURAF) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Ucore Rare Metals Inc. (OTCMKTS:UURAF)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.08 and traded as high as $4.18. Ucore Rare Metals shares last traded at $3.8760, with a volume of 686,324 shares.

Analyst Ratings Changes

UURAF has been the topic of a number of research analyst reports. Raymond James Financial started coverage on Ucore Rare Metals in a report on Wednesday, October 22nd. They issued an “outperform” rating on the stock. 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 objective on the stock. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $9.00.

Ucore Rare Metals Stock Up 7.6%

The firm has a fifty day moving average price of $4.99 and a 200 day moving average price of $3.11.

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.