Shares of enCore Energy Corp. (CVE:EU - Get Free Report) shot up 23.9% during mid-day trading on Wednesday . The stock traded as high as C$2.46 and last traded at C$2.44. 1,281,998 shares traded hands during trading, an increase of 267% from the average session volume of 349,185 shares. The stock had previously closed at C$1.97.
enCore Energy Stock Down 1.7 %
The firm has a fifty day moving average price of C$4.30 and a 200-day moving average price of C$4.85. The firm has a market cap of C$313.96 million, a price-to-earnings ratio of -5.58 and a beta of 1.20.
Insider Transactions at enCore Energy
In other enCore Energy news, Director William Morris Sheriff acquired 35,000 shares of the firm's stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average price of C$2.37 per share, for a total transaction of C$83,079.36. Insiders own 2.12% of the company's stock.
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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