1 day Ago By Defense World Staff
Bank of New York Mellon Corp boosted its position in enCore Energy Corp. ( NASDAQ:EU – Free Report ) by 22.9% in the 2nd quarter, according to its most recent filing with the SEC.
The firm owned 515,641 shares of the company’s stock after acquiring an additional 95,925 shares during the period. Bank of New York Mellon Corp owned about 0.28% of enCore Energy worth $2,032,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of EU. Azarias Capital Management L.P.
grew its position in shares of enCore Energy by 232.0% during the 1st quarter. Azarias Capital Management L.
P. now owns 3,758,493 shares of the company’s stock valued at $18,013,000 after buying an additional 2,626,395 shares during the last quarter. Vanguard Group Inc.
grew its stake in enCore Energy by 37.0% in the first quarter. Vanguard Group Inc.
now owns 922,691 shares of the company’s stock valued at $4,041,000 after purchasing an additional 249,307 shares in the last quarter. Van ECK Associates Corp acquired a new position in enCore Energy in the first quarter worth approximately $3,399,000. Natixis bought a new position in shares of enCore Energy during the 1st quarter valued at $576,000.
Finally, Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in shares of enCore Energy in the first quarter worth about $83,000. 20.
86% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth A number of research analysts have issued reports on the company. HC Wainwright cut their price objective on enCore Energy from $7.
50 to $7.00 and set a “buy” rating for the company in a report on Thursday, August 15th. Ventum Cap Mkts upgraded enCore Energy to a “strong-buy” rating in a research report on Thursday, August 22nd.
enCore Energy Stock Performance Shares of enCore Energy stock opened at $3.58 on Wednesday. The stock has a market capitalization of $660.
17 million, a P/E ratio of -27.54 and a beta of -0.03.
The stock’s 50-day simple moving average is $3.62 and its 200 day simple moving average is $4.07.
enCore Energy Corp. has a 52-week low of $2.91 and a 52-week high of $5.
05. enCore Energy ( NASDAQ:EU – Get Free Report ) last released its earnings results on Wednesday, August 14th. The company reported ($0.
05) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.06).
The company had revenue of $5.32 million for the quarter, compared to the consensus estimate of $13.10 million.
Equities research analysts forecast that enCore Energy Corp. will post -0.11 EPS for the current fiscal year.
enCore Energy Company Profile ( Free Report ) 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. Featured Stories Five stocks we like better than enCore Energy P/E Ratio Calculation: How to Assess Stocks Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? What Are Some of the Best Large-Cap Stocks to Buy? Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge 3 Grocery Stocks That Can Help Take a Bite Out of Inflation Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker Want to see what other hedge funds are holding EU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for enCore Energy Corp.
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