enCore Energy (CVE:EU) Reaches New 1-Year Low - What's Next?

enCore Energy Corp. (CVE:EU - Get Free Report) reached a new 52-week low on Monday . The stock traded as low as C$1.80 and last traded at C$1.88, with a volume of 337976 shares trading hands. The stock had previously closed at C$1.90.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts upgraded enCore Energy to a "strong-buy" rating in a research report on Monday, March 10th.

enCore Energy Stock Performance

The firm has a market cap of C$220.84 million, a P/E ratio of -3.92 and a beta of 1.20. The firm's fifty day simple moving average is C$3.21 and its 200 day simple moving average is C$4.51.

Insider Activity at enCore Energy

In other enCore Energy news, Director William Morris Sheriff bought 35,000 shares of enCore Energy stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average cost of C$2.37 per share, for a total transaction of C$83,079.36. Over the last three months, insiders bought 100,000 shares of company stock valued at $237,107. Insiders own 2.12% of the company's stock.

About enCore Energy

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.