UCUUcore Rare Metals Inc.

2.910CAD-1.02%Mkt Cap: 299.37M $P/E:

Ucore Rare Metals Inc. engages in the extraction, beneficiation, and separation of rare and critical metal resources in Canada. It primarily holds a 100% interest in the Bokan-Dotson Ridge rare earth element project loca…

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Ucore Rare Metals (TSXV:UCU) Could Be Undervalued After Its A$60 Million Equity Raise

Why Ucore Rare Metals Stock Is Back in Focus After a Fresh Equity Raise Ucore Rare Metals (TSXV:UCU) has filed a follow on equity offering for common shares, targeting roughly CA$60.0 million by issuing 21,430,000 shares at CA$2.80. This capital move is drawing renewed attention from investors. See our latest analysis for Ucore Rare Metals. At a last close of CA$3.26, Ucore Rare Metals has seen its share price fall 39.52% over the past 90 days and 43.99% year to date, even as its 3 year total...

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