Ucore Rare Metals (CVE:UCU) Insider Michael Schrider Sells 15,000 Shares of Stock

Ucore Rare Metals Inc. (CVE:UCU – Get Free Report) insider Michael Schrider sold 15,000 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of C$2.61, for a total transaction of C$39,150.00. Following the transaction, the insider owned 70,000 shares in the company, valued at approximately C$182,700. This represents a 17.65% decrease in their ownership of the stock.

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

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• On Thursday, August 27th, Michael Schrider sold 30,000 shares of Ucore Rare Metals stock. The stock was sold at an average price of C$2.90, for a total value of C$87,000.00.
• 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.

Ucore Rare Metals Stock Up 3.1%

UCU stock opened at C$2.64 on Thursday. The company has a market capitalization of C$374.36 million, a price-to-earnings ratio of -6.00 and a beta of -0.06. Ucore Rare Metals Inc. has a 12 month low of C$2.38 and a 12 month high of C$13.07. The firm has a 50 day moving average of C$3.61 and a two-hundred day moving average of C$5.04.

Analysts Set New Price Targets

Separately, Raymond James Financial decreased their price objective on shares of Ucore Rare Metals from C$15.00 to C$14.75 and set an “outperform” rating for the company in a report on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to MarketBeat, Ucore Rare Metals presently has a consensus rating of “Strong Buy” and a consensus target price of C$14.75.

Get Our Latest Stock Report on UCU

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.

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