Shares of enCore Energy Corp. ( NASDAQ:EU – Get Free Report ) fell 4.6% during trading on Friday .
The stock traded as low as $3.51 and last traded at $3.53.
437,620 shares were traded during mid-day trading, a decline of 75% from the average session volume of 1,774,027 shares. The stock had previously closed at $3.70.
Wall Street Analyst Weigh In Separately, HC Wainwright reiterated a “buy” rating and issued a $7.00 target price on shares of enCore Energy in a report on Tuesday, November 19th. Check Out Our Latest Stock Analysis on enCore Energy enCore Energy Stock Performance Institutional Inflows and Outflows A number of institutional investors have recently made changes to their positions in EU.
Rathbones Group PLC acquired a new position in enCore Energy during the 2nd quarter worth $39,000. Xponance Inc. purchased a new position in shares of enCore Energy in the 2nd quarter valued at about $43,000.
Sei Investments Co. purchased a new stake in shares of enCore Energy during the second quarter worth approximately $46,000. Franklin Resources Inc.
purchased a new stake in shares of enCore Energy during the third quarter worth approximately $60,000. Finally, Principal Financial Group Inc. raised its holdings in enCore Energy by 19.
6% in the second quarter. Principal Financial Group Inc. now owns 22,317 shares of the company’s stock valued at $88,000 after acquiring an additional 3,652 shares in the last quarter.
Institutional investors and hedge funds own 20.86% of the company’s stock. About enCore Energy ( 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.
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enCore Energy (NASDAQ:EU) Trading Down 4.6% – Here’s Why
Shares of enCore Energy Corp. (NASDAQ:EU – Get Free Report) fell 4.6% during trading on Friday . The stock traded as low as $3.51 and last traded at $3.53. 437,620 shares were traded during mid-day trading, a decline of 75% from the average session volume of 1,774,027 shares. The stock had previously closed at $3.70. [...]