Dennis Eugene Stover Sells 20,000 Shares of enCore Energy (CVE:EU) Stock

Key Points

• Dennis Eugene Stover, a director at enCore Energy, sold 20,000 shares of stock at an average price of C$4.64, reducing his position by 3.93%.
• enCore Energy's stock traded down 7.1% to C$4.55, with a market cap of C$851.33 million and a PE ratio of -13.38.
• Haywood Securities recently upgraded enCore Energy's rating to "strong-buy," contributing to its average rating of "Strong Buy" among analysts.

enCore Energy Corp. (CVE:EU - Get Free Report) Director Dennis Eugene Stover sold 20,000 shares of enCore Energy stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of C$4.64, for a total transaction of C$92,800.00. Following the completion of the transaction, the director owned 488,500 shares in the company, valued at C$2,266,640. This trade represents a 3.93% decrease in their position.

enCore Energy Trading Down 7.1%

enCore Energy stock traded down C$0.35 on Friday, reaching C$4.55. 604,396 shares of the stock were exchanged, compared to its average volume of 344,493. enCore Energy Corp. has a twelve month low of C$1.47 and a twelve month high of C$6.12. The firm has a fifty day moving average price of C$3.89 and a two-hundred day moving average price of C$3.25. The stock has a market cap of C$851.33 million, a PE ratio of -13.38 and a beta of 1.32.

Analyst Upgrades and Downgrades

Separately, Haywood Securities raised enCore Energy to a "strong-buy" rating in a research report on Friday, August 29th. Two research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the company presently has an average rating of "Strong Buy".

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.