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

Key Points

• Insider selling: Michael Schrider sold 15,000 Ucore Rare Metals shares for C$39,150, reducing his direct holdings by 17.65% to 70,000 shares. He also sold 45,000 shares in two transactions earlier that week.
• Stock performance: Ucore shares fell 3.1% to C$2.48, near their 12-month low of C$2.38, while trading at more than twice their average volume.
• Analyst outlook: Despite the recent decline, analysts maintain a consensus “Strong Buy” rating and a C$14.75 price target; Raymond James rates the stock “Outperform.”

Ucore Rare Metals Inc. (CVE:UCU - Get Free Report) insider Michael Schrider sold 15,000 shares of the firm's stock in a transaction on Monday, August 31st. The stock was sold at an average price of C$2.61, for a total value of C$39,150.00. Following the completion of the sale, the insider directly owned 70,000 shares of the company's stock, valued at C$182,700. The trade was 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 shares were sold at an average price of C$2.90, for a total transaction of C$87,000.00.
• 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.

Ucore Rare Metals Stock Down 3.1%

Shares of CVE:UCU traded down C$0.08 during midday trading on Wednesday, reaching C$2.48. The company's stock had a trading volume of 884,887 shares, compared to its average volume of 369,605. The firm has a market capitalization of C$351.67 million, a P/E ratio of -5.64 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$3.65 and a 200-day moving average of C$5.07.

Wall Street Analysts Forecast Growth

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 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's stock. According to data from MarketBeat, the stock presently has an average rating of "Strong Buy" and a consensus 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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