1 day Ago By ABMN Staff
enCore Energy Corp. ( NASDAQ:EU – Get Free Report ) shares gapped up prior to trading on Monday . The stock had previously closed at $3.
66, but opened at $3.74. enCore Energy shares last traded at $3.
66, with a volume of 63,555 shares. Wall Street Analyst Weigh In A number of brokerages recently commented on EU. Ventum Cap Mkts upgraded shares of enCore Energy to a “strong-buy” rating in a research report on Thursday, August 22nd.
HC Wainwright reduced their price objective on enCore Energy from $7.50 to $7.00 and set a “buy” rating on the stock in a research note on Thursday, August 15th.
Read Our Latest Stock Report on EU enCore Energy Price Performance enCore Energy ( NASDAQ:EU – Get Free Report ) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.
01 by ($0.06). The business had revenue of $5.
32 million for the quarter, compared to analyst estimates of $13.10 million. On average, sell-side analysts forecast that enCore Energy Corp.
will post -0.11 earnings per share for the current fiscal year. Institutional Investors Weigh In On enCore Energy Large investors have recently made changes to their positions in the business.
Azarias Capital Management L.P. raised its stake in enCore Energy by 232.
0% in the first quarter. Azarias Capital Management L.P.
now owns 3,758,493 shares of the company’s stock worth $18,013,000 after buying an additional 2,626,395 shares in the last quarter. Vanguard Group Inc. raised its position in shares of enCore Energy by 37.
0% in the 1st quarter. Vanguard Group Inc. now owns 922,691 shares of the company’s stock worth $4,041,000 after acquiring an additional 249,307 shares in the last quarter.
Van ECK Associates Corp purchased a new position in shares of enCore Energy in the 1st quarter valued at approximately $3,399,000. Natixis bought a new stake in shares of enCore Energy during the first quarter valued at approximately $576,000. Finally, Sumitomo Mitsui Trust Holdings Inc.
purchased a new stake in enCore Energy in the first quarter worth $83,000. 20.86% of the stock is currently owned by institutional investors.
enCore Energy Company Profile ( Get 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. See Also Receive News & Ratings for enCore Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for enCore Energy and related companies with MarketBeat.com's FREE daily email newsletter .
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