Ucore Rare Metals (CVE:UCU) Insider Michael Schrider Sells 30,000 Shares

Ucore Rare Metals Inc. (CVE:UCU) insider Michael Schrider sold 30,000 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of C$2.90, for a total transaction of C$87,000.00. Following the transaction, the insider owned 70,000 shares in the company, valued at C$203,000. This represents a 30.00% decrease in their position.

Michael Schrider also recently made the following trade(s):

• On Friday, August 28th, Michael Schrider sold 15,000 shares of Ucore Rare Metals stock. The shares were sold at an average price of C$2.71, for a total transaction of C$40,650.00.
• On Monday, August 31st, Michael Schrider sold 15,000 shares of Ucore Rare Metals stock. The stock was sold at an average price of C$2.61, for a total transaction of C$39,150.00.

Ucore Rare Metals Stock Up 3.1%

UCU opened at C$2.64 on Thursday. The firm has a 50 day moving average price of C$3.61 and a 200-day moving average price of C$5.04. Ucore Rare Metals Inc. has a twelve month low of C$2.38 and a twelve month high of C$13.07. The stock has a market capitalization of C$374.36 million, a price-to-earnings ratio of -6.00 and a beta of -0.06.

Analysts Set New Price Targets

Separately, Raymond James Financial dropped their price target on Ucore Rare Metals from C$15.00 to C$14.75 and set an “outperform” rating on the stock in a research note on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. Based on data from MarketBeat.com, Ucore Rare Metals presently has a consensus rating of “Strong Buy” and an average target price of C$14.75.

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.