enCore Energy (CVE:EU) Stock Price Down 2.5% - Time to Sell?

enCore Energy Corp. (CVE:EU - Get Free Report)'s share price was down 2.5% on Wednesday . The company traded as low as C$3.51 and last traded at C$3.54. Approximately 197,360 shares were traded during trading, a decline of 43% from the average daily volume of 345,906 shares. The stock had previously closed at C$3.63.

enCore Energy Stock Performance

The firm's 50-day moving average price is C$2.99 and its two-hundred day moving average price is C$3.17. The firm has a market capitalization of C$484.25 million, a price-to-earnings ratio of -8.60 and a beta of 1.20.

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.