Is Ucore Rare Metals Inc.’s Fuel Running Low? The Stock Just Declined Again


The stock of Ucore Rare Metals Inc. (CVE:UCU) is a huge mover today! The stock decreased 2.78% or $0.01 on September 13, hitting $0.35. About 86,900 shares traded hands. Ucore Rare Metals Inc. (CVE:UCU) has risen 6.00% since August 15, 2016 and is uptrending. It has underperformed by 10.49% the S&P500.
The move comes after 9 months negative chart setup for the $97.24 million company. It was reported on Sep, 14 by We have $0.30 PT which if reached, will make CVE:UCU worth $13.61M less.

Ucore Rare Metals Inc. is a junior exploration and technology company. The company has a market cap of $97.24 million. The Firm is engaged in the exploration and development of rare earth element properties within Canada and the United States. It currently has negative earnings. The Firm is focusing its exploration activities on its Bokan Mountain/Dotson Ridge property in Alaska.

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