Ucore Rare Metals Market Snapshot and Project Update
1/22/2026, 8:04:20 PM | United States | Canada
Ucore shares rose about 10% as the company, owner of Alaska's Bokan–Dotson Ridge, shows negative earnings and limited cash.
Ucore Rare Metals (U9UA.F / UCU.V) shares jumped about 10–11% to roughly C$5.86, trading in a C$5.46–5.90 intraday range on heavy relative volume.
Market cap is roughly C$630 million and the 52-week range sits between C$0.41 and C$9.18. Volume on the move was about 77,445 shares.
The company focuses on extraction, beneficiation and separation of rare and critical metals in Canada and the U.S., holding a 100% interest in the Bokan–Dotson Ridge rare earth project on Prince of Wales Island, Alaska.
Key trailing metrics show a diluted EPS of -0.27, net loss of about C$33.3 million (ttm), total cash around C$19.3 million and total debt/equity near 54%. Return on equity is strongly negative (≈-77%), price/book is elevated (~19.3) and trailing/forward P/E are not applicable due to negative earnings and absent reported TTM revenue.
Investors and analysts will be watching project development milestones, capital needs and the company’s progress on downstream separation technologies as demand dynamics for rare earths evolve.