Ucore Rare Metals Inc. engages in the exploration and separation of rare earth elements in Canada and the United States.
Excellent balance sheet and overvalued.
Share Price & News
How has Ucore Rare Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UCU's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: UCU underperformed the Canadian Metals and Mining industry which returned 26.7% over the past year.
Return vs Market: UCU underperformed the Canadian Market which returned -10.1% over the past year.
Price Volatility Vs. Market
How volatile is Ucore Rare Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
10 months ago | Simply Wall StDid You Manage To Avoid Ucore Rare Metals's (CVE:UCU) Painful 56% Share Price Drop?
1 year ago | Simply Wall StWhat You Must Know About Ucore Rare Metals Inc's (CVE:UCU) Beta Value
1 year ago | Simply Wall StWhat Investors Should Know About Ucore Rare Metals Inc's (CVE:UCU) Financial Strength
Is Ucore Rare Metals undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate UCU's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate UCU's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: UCU is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: UCU is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UCU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UCU is good value based on its PB Ratio (1.3x) compared to the CA Metals and Mining industry average (1.8x).
How is Ucore Rare Metals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ucore Rare Metals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Ucore Rare Metals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Ucore Rare Metals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Ucore Rare Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UCU is currently unprofitable.
Growing Profit Margin: UCU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: UCU is unprofitable, and losses have increased over the past 5 years at a rate of -12.3% per year.
Accelerating Growth: Unable to compare UCU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: UCU is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (14.8%).
Return on Equity
High ROE: UCU has a negative Return on Equity (-28.32%), as it is currently unprofitable.
How is Ucore Rare Metals's financial position?
Financial Position Analysis
Short Term Liabilities: UCU's short term assets (CA$2.3M) exceed its short term liabilities (CA$610.6K).
Long Term Liabilities: UCU's short term assets (CA$2.3M) exceed its long term liabilities (CA$1.2M).
Debt to Equity History and Analysis
Debt Level: UCU's debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: UCU's debt to equity ratio has increased from 1.1% to 3.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: UCU has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: UCU is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.
What is Ucore Rare Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate UCU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate UCU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if UCU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if UCU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of UCU's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. James Stephen McKenzie, also known as Jim has been the Chief Executive Officer and President of Ucore Rare Metals Inc. since January 3, 2007. Mr. McKenzie served as the Chief Operating Officer of Ucore ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD332.80K) is above average for companies of similar size in the Canadian market ($USD165.66K).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
|VP, CFO & Corporate Secretary||10.75yrs||CA$235.00k||0.12% CA$72.5k|
|Chief Operating Officer||2.33yrs||CA$203.46k||no data|
|VP of Project Development and Environmental & Community Relations Director||8.25yrs||CA$160.00k||no data|
Experienced Management: UCU's management team is seasoned and experienced (9.5 years average tenure).
|Member of Advisory Board||4.67yrs||no data||no data|
|Independent Director||12.75yrs||CA$30.00k||0.0088% CA$5.2k|
|Member of Advisory Board||no data||CA$56.17k||no data|
|Independent Director||3.58yrs||CA$28.00k||0.040% CA$24.1k|
|Member of Advisory Board||6.33yrs||no data||no data|
|Independent Chairman of the Board||3.58yrs||CA$75.00k||0.030% CA$17.8k|
|Member of Advisory Board||4.17yrs||no data||no data|
|Member of Advisory Board||1.92yrs||no data||no data|
Experienced Board: UCU's board of directors are considered experienced (4.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 45%.
Ucore Rare Metals Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Ucore Rare Metals Inc.
- Ticker: UCU
- Exchange: TSXV
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$59.522m
- Shares outstanding: 410.50m
- Website: https://www.ucore.com
- Ucore Rare Metals Inc.
- 210 Waterfront Drive
- Suite 106
- Nova Scotia
- B4A 0H3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|UCU||TSXV (TSX Venture Exchange)||Yes||Common Voting Shares||CA||CAD||Sep 2006|
|U9U||DB (Deutsche Boerse AG)||Yes||Common Voting Shares||DE||EUR||Sep 2006|
|UURA.F||OTCPK (Pink Sheets LLC)||Yes||Common Voting Shares||US||USD||Sep 2006|
Ucore Rare Metals Inc. engages in the exploration and separation of rare earth elements in Canada and the United States. It primarily holds a 100% interest in the Bokan Mountain/Dotson Ridge property located on Prince of Wales Island, Alaska. The company was formerly known as Ucore Uranium Inc. and changed its name to Ucore Rare Metals Inc. in June 2010. Ucore Rare Metals Inc. is headquartered in Halifax, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 03:36|
|End of Day Share Price||2020/06/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.