Shares of enCore Energy Corp. (CVE:EU - Get Free Report) fell 6.7% during trading on Wednesday . The stock traded as low as C$2.08 and last traded at C$2.08. 95,895 shares were traded during mid-day trading, a decline of 73% from the average session volume of 356,663 shares. The stock had previously closed at C$2.23.
Wall Street Analysts Forecast Growth
Separately, Ventum Cap Mkts upgraded shares of enCore Energy to a "strong-buy" rating in a research note on Monday.
Check Out Our Latest Stock Analysis on enCore Energy
enCore Energy Trading Up 4.9 %
The stock has a market cap of C$283.37 million, a P/E ratio of -5.03 and a beta of 1.20. The stock has a 50 day simple moving average of C$4.07 and a 200 day simple moving average of C$4.78.
Insider Buying and Selling
In other enCore Energy news, Director William Morris Sheriff sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, December 31st. The shares were sold at an average price of C$4.94, for a total transaction of C$49,392.00. 2.12% of the stock is owned by company insiders.
enCore Energy Company Profile
(
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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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