enCore Energy Corp. (NASDAQ:EU - Get Free Report) was down 2.7% on Friday . The stock traded as low as $3.22 and last traded at $3.29. Approximately 403,084 shares traded hands during trading, a decline of 67% from the average daily volume of 1,220,349 shares. The stock had previously closed at $3.38.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the stock. HC Wainwright restated a "buy" rating and issued a $7.00 target price on shares of enCore Energy in a report on Tuesday, November 19th. Ventum Cap Mkts upgraded enCore Energy to a "strong-buy" rating in a research report on Thursday, August 22nd.
Get Our Latest Stock Report on enCore Energy
enCore Energy Trading Down 3.3 %
The firm has a market cap of $608.55 million, a PE ratio of -11.68 and a beta of -0.04. The business's 50-day simple moving average is $3.76 and its 200 day simple moving average is $3.81.
Institutional Trading of enCore Energy
Several hedge funds have recently modified their holdings of EU. Franklin Resources Inc. purchased a new position in enCore Energy in the third quarter worth $60,000. Tidal Investments LLC grew its stake in enCore Energy by 48.7% during the 3rd quarter. Tidal Investments LLC now owns 38,697 shares of the company's stock worth $156,000 after buying an additional 12,672 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in enCore Energy during the 3rd quarter valued at about $128,000. Geode Capital Management LLC raised its stake in enCore Energy by 1.1% in the third quarter. Geode Capital Management LLC now owns 2,203,139 shares of the company's stock valued at $8,901,000 after buying an additional 24,786 shares during the last quarter. Finally, National Bank of Canada FI acquired a new stake in enCore Energy in the third quarter worth about $832,000. 20.86% of the stock is owned by hedge funds and other institutional investors.
enCore Energy Company Profile
(
Get Free Report)
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.
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