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enCore Energy (CVE:EU) Shares Down 2.5% - What's Next?

enCore Energy logo with Energy background

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

enCore Energy Stock Performance

The stock has a 50-day simple moving average of C$2.97 and a 200 day simple moving average of C$3.20. The company has a market cap of C$480.26 million, a P/E ratio of -8.53 and a beta of 1.20.

About enCore Energy

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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.

Further Reading

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