Insider Buying: enCore Energy Corp. (CVE:EU) Director Buys 35,000 Shares of Stock

enCore Energy Corp. (CVE:EU) Director William Morris Sheriff acquired 35,000 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The shares were acquired at an average cost of C$2.36 per share, with a total value of C$82,747.67.

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

• On Thursday, March 6th, William Morris Sheriff bought 30,000 shares of enCore Energy stock. The shares were bought at an average cost of C$2.38 per share, with a total value of C$71,280.00.
• On Tuesday, March 4th, William Morris Sheriff purchased 35,000 shares of enCore Energy stock. The stock was bought at an average cost of C$2.37 per share, for a total transaction of C$83,079.36.
• On Tuesday, December 31st, William Morris Sheriff sold 10,000 shares of enCore Energy stock. The shares were sold at an average price of C$4.94, for a total transaction of C$49,392.00.

enCore Energy Price Performance

Shares of CVE:EU opened at C$2.07 on Thursday. The firm’s 50-day moving average is C$3.58 and its two-hundred day moving average is C$4.63. enCore Energy Corp. has a 1 year low of C$1.80 and a 1 year high of C$6.91. The firm has a market capitalization of C$275.38 million, a PE ratio of -4.89 and a beta of 1.20.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts upgraded enCore Energy to a “strong-buy” rating in a research report on Monday, March 10th.

About enCore Energy

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.