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

Key Points

• Insider Michael Schrider sold 15,000 Ucore Rare Metals shares at an average price of C$2.71, generating C$40,650 and reducing his direct holdings by 17.65% to 70,000 shares. He also sold a combined 45,000 shares in related transactions around the same period.
• Ucore shares fell to C$2.48, with the stock trading well below its 50-day and 200-day moving averages of C$3.65 and C$5.07, respectively. The shares remain near their 12-month low of C$2.38 versus a high of C$13.07.
• Despite the insider selling and share-price decline, analysts maintain a consensus “Strong Buy” rating, with an average price target of C$14.75.

Ucore Rare Metals Inc. (CVE:UCU - Get Free Report) insider Michael Schrider sold 15,000 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of C$2.71, for a total transaction of C$40,650.00. Following the transaction, the insider directly owned 70,000 shares in the company, valued at approximately C$189,700. This represents a 17.65% decrease in their position.

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

• 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 Monday, August 31st, Michael Schrider sold 15,000 shares of Ucore Rare Metals stock. The shares were sold at an average price of C$2.61, for a total value of C$39,150.00.

Ucore Rare Metals Stock Performance

Ucore Rare Metals stock traded down C$0.08 during midday trading on Wednesday, reaching C$2.48. The stock had a trading volume of 884,887 shares, compared to its average volume of 369,605. The stock's 50-day simple moving average is C$3.65 and its 200 day simple moving average is C$5.07. 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$351.67 million, a PE ratio of -5.64 and a beta of -0.06.

Analyst Upgrades and Downgrades

Separately, Raymond James Financial dropped their target price on shares of Ucore Rare Metals from C$15.00 to C$14.75 and set an "outperform" rating for the company in a research report on Tuesday, June 2nd. Two analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat.com, Ucore Rare Metals currently has a consensus rating of "Strong Buy" and an average price target 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.

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