William M. Sheriff Sells 24,000 Shares of enCore Energy Corp. (NASDAQ:EU) Stock

enCore Energy Corp. (NASDAQ:EU) Director William M. Sheriff sold 24,000 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $3.55, for a total value of $85,200.00. Following the completion of the transaction, the director now owns 2,144,055 shares in the company, valued at approximately $7,611,395.25. The trade was a 1.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

enCore Energy Price Performance

Shares of NASDAQ:EU traded down $0.12 during trading on Friday, hitting $3.37. 1,513,516 shares of the company were exchanged, compared to its average volume of 1,738,636. The company has a market cap of $627.21 million, a PE ratio of -12.04 and a beta of 0.14. The stock has a 50 day moving average of $3.57 and a 200 day moving average of $3.73. enCore Energy Corp. has a 52-week low of $3.02 and a 52-week high of $5.05.

Analysts Set New Price Targets

Separately, HC Wainwright reiterated a “buy” rating and issued a $7.00 price objective on shares of enCore Energy in a research note on Tuesday, November 19th.

Institutional Investors Weigh In On enCore Energy

Several institutional investors have recently made changes to their positions in the stock. Van ECK Associates Corp raised its position in shares of enCore Energy by 89.3% in the third quarter. Van ECK Associates Corp now owns 2,434,342 shares of the company’s stock worth $9,762,000 after buying an additional 1,148,056 shares in the last quarter. National Bank of Canada FI purchased a new stake in shares of enCore Energy in the third quarter worth $832,000. State Street Corp raised its position in shares of enCore Energy by 3.5% in the third quarter. State Street Corp now owns 3,085,686 shares of the company’s stock worth $12,466,000 after buying an additional 105,685 shares in the last quarter. Goehring & Rozencwajg Associates LLC increased its stake in enCore Energy by 10.7% in the second quarter. Goehring & Rozencwajg Associates LLC now owns 1,082,548 shares of the company’s stock valued at $4,265,000 after acquiring an additional 104,900 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in enCore Energy by 22.9% in the second quarter. Bank of New York Mellon Corp now owns 515,641 shares of the company’s stock valued at $2,032,000 after acquiring an additional 95,925 shares during the last quarter. Hedge funds and other institutional investors own 20.86% of the company’s stock.

About enCore Energy

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.