National Bank of Canada FI Purchases Shares of 206,028 enCore Energy Corp. (NASDAQ:EU)

National Bank of Canada FI bought a new stake in enCore Energy Corp. (NASDAQ:EU - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 206,028 shares of the company's stock, valued at approximately $832,000. National Bank of Canada FI owned 0.11% of enCore Energy as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in EU. Rathbones Group PLC bought a new stake in shares of enCore Energy during the 2nd quarter worth $39,000. Xponance Inc. bought a new position in shares of enCore Energy in the second quarter worth about $43,000. Sei Investments Co. acquired a new stake in shares of enCore Energy in the 2nd quarter valued at approximately $46,000. Principal Financial Group Inc. grew its holdings in shares of enCore Energy by 19.6% during the 2nd quarter. Principal Financial Group Inc. now owns 22,317 shares of the company's stock valued at $88,000 after purchasing an additional 3,652 shares during the last quarter. Finally, Verition Fund Management LLC acquired a new position in enCore Energy during the 3rd quarter worth approximately $96,000. 20.86% of the stock is currently owned by institutional investors and hedge funds.

enCore Energy Stock Performance

Shares of NASDAQ EU traded down $0.14 during trading on Friday, hitting $3.22. 1,069,958 shares of the company traded hands, compared to its average volume of 1,204,392. The business's fifty day moving average is $3.82 and its 200 day moving average is $3.84. The firm has a market capitalization of $599.25 million, a price-to-earnings ratio of -11.50 and a beta of -0.04. enCore Energy Corp. has a fifty-two week low of $3.02 and a fifty-two week high of $5.05.

Wall Street Analyst Weigh In

A number of analysts have recently commented on EU shares. HC Wainwright reissued a "buy" rating and set a $7.00 price target on shares of enCore Energy in a research note on Tuesday, November 19th. Ventum Cap Mkts upgraded enCore Energy to a "strong-buy" rating in a report on Thursday, August 22nd.

enCore Energy Company Profile

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.