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

Ucore Rare Metals Inc. (CVE:UCU) insider Michael Schrider sold 15,000 shares of the stock in a transaction that occurred 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 sale, the insider owned 70,000 shares in the company, valued at C$182,700. The trade was a 17.65% decrease in their ownership of the stock.

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 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 value of C$40,650.00.

Ucore Rare Metals Price Performance

CVE:UCU opened at C$2.54 on Friday. The firm has a market capitalization of C$360.18 million, a P/E ratio of -5.77 and a beta of -0.13. The business has a 50 day simple moving average of C$3.56 and a 200 day simple moving average of C$5.01. Ucore Rare Metals Inc. has a 12-month low of C$2.38 and a 12-month high of C$13.07.

Wall Street Analyst Weigh In

Separately, Raymond James Financial reduced their price target 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 analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat, the stock 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.