enCore Energy (CVE:EU) Trading Up 18.9% - What's Next?

enCore Energy Corp. (CVE:EU - Get Free Report)'s stock price shot up 18.9% during trading on Friday . The company traded as high as C$2.70 and last traded at C$2.64. 161,294 shares were traded during trading, a decline of 54% from the average session volume of 347,561 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.

enCore Energy Price Performance

The company has a market cap of C$391.12 million, a PE ratio of -6.95 and a beta of 1.20. The business has a fifty day simple moving average of C$2.09 and a two-hundred day simple moving average of C$3.57.

Insider Buying and Selling

In other enCore Energy news, Director William Morris Sheriff purchased 30,000 shares of the stock in a transaction on Thursday, March 6th. The stock was 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 worth $237,107 in the last 90 days. 2.12% of the stock is owned by corporate insiders.

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.