enCore Energy Corp. (CVE:EU - Get Free Report) rose 23.9% on Tuesday . The stock traded as high as C$2.46 and last traded at C$2.44. Approximately 1,280,798 shares changed hands during trading, an increase of 268% from the average daily volume of 347,792 shares. The stock had previously closed at C$1.97.
The company has a market cap of C$324.61 million, a P/E ratio of -5.76 and a beta of 1.20. The business's 50 day moving average price is C$4.49 and its 200-day moving average price is C$4.92.
In other enCore Energy news, Director William Morris Sheriff sold 10,000 shares of the business's stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of C$4.94, for a total value of C$49,392.00. Corporate insiders own 2.12% of the company's stock.
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider enCore Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and enCore Energy wasn't on the list.
While enCore Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.