enCore Energy (NASDAQ:EU) Director Susan Hoxie-Key Sells 30,648 Shares of Stock

enCore Energy Corp. (NASDAQ:EU – Get Free Report) Director Susan Hoxie-Key sold 30,648 shares of the company’s stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $0.94, for a total value of $28,809.12. Following the completion of the transaction, the director directly owned 60,918 shares of the company’s stock, valued at approximately $57,262.92. The trade was a 33.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

enCore Energy Price Performance

enCore Energy stock opened at $0.91 on Wednesday. The stock has a 50-day moving average price of $1.15 and a two-hundred day moving average price of $1.41. enCore Energy Corp. has a 12 month low of $0.77 and a 12 month high of $4.18. The company has a market capitalization of $177.30 million, a PE ratio of -2.77 and a beta of 2.16. The company has a current ratio of 8.00, a quick ratio of 6.84 and a debt-to-equity ratio of 0.45.

enCore Energy (NASDAQ:EU – Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.11). The firm had revenue of $15.70 million for the quarter. enCore Energy had a negative return on equity of 28.00% and a negative net margin of 112.82%. Analysts expect that enCore Energy Corp. will post -0.41 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on EU shares. HC Wainwright cut their target price on shares of enCore Energy from $3.75 to $3.50 and set a “buy” rating on the stock in a research report on Friday, August 14th. Wall Street Zen lowered shares of enCore Energy from a “hold” rating to a “strong sell” rating in a report on Saturday, September 26th. Jefferies Financial Group initiated coverage on shares of enCore Energy in a research report on Thursday, September 3rd. They issued a “buy” rating and a $1.44 price target for the company. Weiss Ratings downgraded shares of enCore Energy from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, September 14th. Finally, Zacks Research raised shares of enCore Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, enCore Energy presently has a consensus rating of “Moderate Buy” and an average price target of $2.90.

View Our Latest Stock Report on EU

Institutional Investors Weigh In On enCore Energy

A number of institutional investors have recently made changes to their positions in the stock. Tidal Investments LLC bought a new stake in enCore Energy in the second quarter worth approximately $2,755,000. Pacer Advisors Inc. bought a new position in shares of enCore Energy during the 4th quarter worth approximately $2,379,000. Azarias Capital Management L.P. boosted its holdings in shares of enCore Energy by 22.6% during the 1st quarter. Azarias Capital Management L.P. now owns 5,067,708 shares of the company’s stock worth $9,122,000 after buying an additional 934,857 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of enCore Energy during the 2nd quarter worth approximately $725,000. Finally, Goehring & Rozencwajg Associates LLC grew its position in shares of enCore Energy by 19.3% during the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 1,464,724 shares of the company’s stock worth $2,637,000 after buying an additional 237,469 shares during the period. Institutional investors own 20.86% of the company’s stock.

About enCore Energy

(Get Free Report)

enCore Energy Corp. is a uranium company focused on the exploration, development and production of uranium in the United States. The company uses in-situ recovery (ISR), a method that extracts uranium from underground deposits by circulating a solution through the host formation and processing the recovered material at licensed facilities.

enCore’s portfolio is concentrated in South Texas and includes the Rosita and Alta Mesa uranium processing facilities, along with associated well fields, mineral rights and development projects.

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Insider Buying and Selling by Quarter for enCore Energy (NASDAQ:EU)

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