enCore Energy Corp. (CVE:EU – Get Free Report) shares hit a new 52-week low during trading on Thursday. The stock traded as low as C$1.07 and last traded at C$1.09, with a volume of 148,272 shares. The stock had previously closed at C$1.16.
Analyst Ratings Changes
Separately, Jefferies Financial Group upgraded enCore Energy to a “strong-buy” rating in a report on Thursday, September 3rd. Two investment analysts have rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, the company has a consensus rating of “Strong Buy”.
enCore Energy Trading Down 10.2%
The stock’s 50-day moving average price is C$1.51 and its 200-day moving average price is C$1.90. The company has a market capitalization of C$188.45 million, a P/E ratio of -2.94 and a beta of 2.43.
Insider Buying and Selling at enCore Energy
In other enCore Energy news, Director William Morris Sheriff acquired 100,000 shares of the company’s stock in a transaction that occurred on Friday, September 18th. The shares were purchased at an average price of C$1.14 per share, for a total transaction of C$114,000.00. Following the completion of the purchase, the director directly owned 1,662,169 shares in the company, valued at C$1,894,872.66. The trade was a 6.40% increase in their ownership of the stock. Over the last ninety days, insiders have bought 250,000 shares of company stock worth $293,000. 2.12% of the stock is owned by corporate insiders.
enCore Energy Company 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 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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