Free Trial

enCore Energy (CVE:EU) Stock Price Up 19.8% - Should You Buy?

enCore Energy logo with Energy background

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

(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 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.

Recommended Stories

Should You Invest $1,000 in enCore Energy Right Now?

Before you consider enCore Energy, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and enCore Energy wasn't on the list.

While enCore Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines