enCore Energy Corp. (NASDAQ:EU - Get Free Report) Chairman William M. Sheriff purchased 40,000 shares of the company's stock in a transaction that occurred on Thursday, April 3rd. The shares were acquired at an average cost of $1.21 per share, with a total value of $48,400.00. Following the completion of the purchase, the chairman now owns 2,310,055 shares of the company's stock, valued at $2,795,166.55. The trade was a 1.76 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.
enCore Energy Trading Down 0.8 %
enCore Energy stock opened at $1.18 on Wednesday. The firm has a market capitalization of $219.94 million, a P/E ratio of -4.21 and a beta of 1.27. The business has a 50-day moving average of $2.07 and a 200-day moving average of $3.14. enCore Energy Corp. has a 1 year low of $1.01 and a 1 year high of $5.05.
enCore Energy (NASDAQ:EU - Get Free Report) last issued its earnings results on Monday, March 3rd. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.07). The business had revenue of $13.36 million for the quarter, compared to analysts' expectations of $14.30 million. Research analysts anticipate that enCore Energy Corp. will post -0.2 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Separately, HC Wainwright dropped their target price on shares of enCore Energy from $7.00 to $2.75 and set a "buy" rating for the company in a research report on Tuesday, March 18th.
Check Out Our Latest Stock Report on EU
Institutional Trading of enCore Energy
A number of large investors have recently made changes to their positions in EU. Verition Fund Management LLC bought a new stake in enCore Energy during the 3rd quarter worth approximately $96,000. Azarias Capital Management L.P. boosted its holdings in shares of enCore Energy by 6.8% in the fourth quarter. Azarias Capital Management L.P. now owns 5,346,013 shares of the company's stock valued at $18,230,000 after buying an additional 342,657 shares during the period. Franklin Resources Inc. bought a new stake in shares of enCore Energy during the third quarter worth $60,000. Geode Capital Management LLC raised its holdings in shares of enCore Energy by 1.1% during the third quarter. Geode Capital Management LLC now owns 2,203,139 shares of the company's stock worth $8,901,000 after acquiring an additional 24,786 shares during the period. Finally, Savant Capital LLC bought a new stake in enCore Energy in the 4th quarter valued at $36,000. Institutional investors own 20.86% of the company's stock.
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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