enCore Energy Corp. (NASDAQ:EU) Shares Sold by Jane Street Group LLC

Jane Street Group LLC reduced its stake in shares of enCore Energy Corp. (NASDAQ:EU - Free Report) by 59.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 200,849 shares of the company's stock after selling 300,590 shares during the quarter. Jane Street Group LLC owned 0.11% of enCore Energy worth $816,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. State Street Corp increased its stake in shares of enCore Energy by 3.5% in the 3rd quarter. State Street Corp now owns 3,085,686 shares of the company's stock valued at $12,466,000 after purchasing an additional 105,685 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of enCore Energy by 89.3% during the 3rd quarter. Van ECK Associates Corp now owns 2,434,342 shares of the company's stock worth $9,762,000 after buying an additional 1,148,056 shares during the period. Goehring & Rozencwajg Associates LLC lifted its position in shares of enCore Energy by 10.7% during the 2nd quarter. Goehring & Rozencwajg Associates LLC now owns 1,082,548 shares of the company's stock valued at $4,265,000 after buying an additional 104,900 shares in the last quarter. Bank of New York Mellon Corp grew its stake in enCore Energy by 22.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 515,641 shares of the company's stock valued at $2,032,000 after acquiring an additional 95,925 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in enCore Energy by 3.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 437,297 shares of the company's stock worth $1,767,000 after acquiring an additional 15,740 shares in the last quarter. 20.86% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, HC Wainwright reissued a "buy" rating and set a $7.00 target price on shares of enCore Energy in a report on Tuesday, November 19th.

enCore Energy Stock Performance

NASDAQ EU traded up $0.29 during trading hours on Thursday, hitting $3.70. The company had a trading volume of 3,261,775 shares, compared to its average volume of 1,229,049. The business has a 50 day moving average of $3.61 and a 200-day moving average of $3.75. The company has a market cap of $688.63 million, a PE ratio of -13.21 and a beta of -0.04. enCore Energy Corp. has a 1-year low of $3.02 and a 1-year high of $5.05.

enCore Energy Profile

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.