Shares of enCore Energy Corp. (CVE:EU - Get Free Report) rose 2.9% during trading on Monday . The stock traded as high as C$2.55 and last traded at C$2.48. Approximately 398,967 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 626,604 shares. The stock had previously closed at C$2.41.
Wall Street Analyst Weigh In
Separately, Northland Securities upgraded enCore Energy to a "strong-buy" rating in a research note on Tuesday, January 6th. Two research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, enCore Energy presently has a consensus rating of "Strong Buy".
Read Our Latest Analysis on enCore Energy
enCore Energy Price Performance
The stock has a market capitalization of C$464.46 million, a P/E ratio of -8.86 and a beta of 0.95. The company's 50 day simple moving average is C$3.60 and its two-hundred day simple moving average is C$3.80.
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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