enCore Energy (CVE:EU) Director Acquires 100,000 Shares

enCore Energy Corp. (CVE:EU) Director William Morris Sheriff bought 100,000 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were bought at an average price of C$1.17 per share, with a total value of C$117,000.00. Following the completion of the acquisition, the director directly owned 1,512,169 shares in the company, valued at C$1,769,237.73. This trade represents a 7.08% increase in their ownership of the stock.

William Morris Sheriff also recently made the following trade(s):

• On Tuesday, September 15th, William Morris Sheriff purchased 50,000 shares of enCore Energy stock. The stock was bought at an average cost of C$1.24 per share, for a total transaction of C$62,000.00.

enCore Energy Price Performance

enCore Energy stock traded up C$0.02 during trading hours on Tuesday, reaching C$1.29. The company had a trading volume of 436,332 shares, compared to its average volume of 487,306. enCore Energy Corp. has a 12-month low of C$1.08 and a 12-month high of C$5.88. The company has a 50-day moving average price of C$1.68 and a 200 day moving average price of C$2.15. The firm has a market cap of C$250.62 million, a price-to-earnings ratio of -3.91 and a beta of 1.71.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised shares of enCore Energy to a “strong-buy” rating in a research note on Thursday, September 3rd. Two analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, enCore Energy currently has an average rating of “Strong Buy”.

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.