enCore Energy Corp. (CVE:EU - Get Free Report)'s share price rose 19.8% on Friday . The company traded as high as C$2.72 and last traded at C$2.66. Approximately 207,758 shares traded hands during trading, a decline of 40% from the average daily volume of 348,955 shares. The stock had previously closed at C$2.22.
Analyst Upgrades and Downgrades
Separately, Ventum Cap Mkts raised shares of enCore Energy to a "strong-buy" rating in a research report on Monday, March 10th.
Check Out Our Latest Report on enCore Energy
enCore Energy Trading Up 6.9%
The business's 50-day simple moving average is C$2.09 and its two-hundred day simple moving average is C$3.57. The company has a market capitalization of C$391.12 million, a PE ratio of -6.95 and a beta of 1.20.
Insider Buying and Selling at enCore Energy
In related news, Director William Morris Sheriff purchased 30,000 shares of enCore Energy stock in a transaction dated Thursday, March 6th. The shares were acquired at an average price of C$2.38 per share, with a total value of C$71,280.00. Insiders bought a total of 100,000 shares of company stock valued at $237,107 in the last ninety days. Insiders own 2.12% of the company's stock.
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.
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