enCore Energy (CVE:EU - Free Report) had its target price raised by Canaccord Genuity Group from C$8.00 to C$8.50 in a report released on Tuesday morning, BayStreet.CA reports. They currently have a buy rating on the stock.
EU has been the topic of a number of other research reports. Ventum Cap Mkts raised enCore Energy to a strong-buy rating in a research report on Monday, July 8th. Ventum Financial set a C$7.00 price target on shares of enCore Energy and gave the stock a buy rating in a research note on Thursday, August 22nd.
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enCore Energy Trading Up 3.2 %
Shares of EU traded up C$0.18 during trading hours on Tuesday, reaching C$5.80. The stock had a trading volume of 282,189 shares, compared to its average volume of 205,761. The company has a market cap of C$1.07 billion, a P/E ratio of -32.22 and a beta of 1.19. enCore Energy has a 52 week low of C$4.07 and a 52 week high of C$6.91. The company's 50-day moving average is C$4.85.
enCore Energy (CVE:EU - Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported C($0.07) earnings per share (EPS) for the quarter. enCore Energy had a negative net margin of 58.43% and a negative return on equity of 6.92%. The business had revenue of C$7.28 million during the quarter.
Insider Buying and Selling at enCore Energy
In other enCore Energy news, Director William Morris Sheriff sold 10,000 shares of the stock in a transaction dated Monday, August 26th. The shares were sold at an average price of C$3.80, for a total value of C$38,000.00. Corporate insiders own 2.12% of the company's stock.
About enCore Energy
(
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enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in the Crownpoint and Hosta Butte uranium project that covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also has interests in the Marquez-Juan Tafoya property, which consists of 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project that covers 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.
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