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enCore Energy (CVE:EU) Stock Price Up 23.9% - Here's What Happened


enCore Energy (CVE:EU) Stock Price Up 23.9%  - Here's What Happened

enCore Energy Corp. (CVE:EU - Get Free Report)'s share price traded up 23.9% on Tuesday . The stock traded as high as C$2.46 and last traded at C$2.44. 1,281,998 shares were traded during mid-day trading, an increase of 267% from the average session volume of 349,185 shares. The stock had previously closed at C$1.97.

The stock has a market cap of C$340.57 million, a P/E ratio of -6.05 and a beta of 1.20. The stock has a 50 day simple moving average of C$4.45 and a 200 day simple moving average of C$4.90.

In other news, Director William Morris Sheriff sold 24,000 shares of the business's stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of C$5.11, for a total transaction of C$122,701.63. Company 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.

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