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

Ucore Rare Metals Inc. (CVE:UCUGet Free Report) insider Michael Schrider sold 30,000 shares of the 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 of the company’s stock, valued at approximately C$203,000. The trade was 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 stock was 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 Down 3.8%

UCU opened at C$2.54 on Friday. The stock has a market cap of C$360.18 million, a price-to-earnings ratio of -5.77 and a beta of -0.13. Ucore Rare Metals Inc. has a twelve month low of C$2.38 and a twelve month high of C$13.07. The company’s 50-day moving average price is C$3.56 and its two-hundred day moving average price is C$5.01.

Analysts Set New Price Targets

Separately, Raymond James Financial dropped their price objective 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 investment analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy” and an average target price of C$14.75.

View Our Latest Analysis on Ucore Rare Metals

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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Insider Buying and Selling by Quarter for Ucore Rare Metals (CVE:UCU)

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