Shares of enCore Energy Corp. (CVE:EU – Get Free Report) were down 45.6% during trading on Monday . The company traded as low as C$1.80 and last traded at C$1.97. Approximately 4,139,132 shares changed hands during mid-day trading, an increase of 1,191% from the average daily volume of 320,553 shares. The stock had previously closed at C$3.62.
enCore Energy Stock Performance
The company has a market cap of C$262.08 million, a P/E ratio of -4.65 and a beta of 1.20. The business’s 50-day moving average price is C$4.55 and its 200 day moving average price is C$4.93.
Insider Activity at enCore Energy
In other enCore Energy news, Director William Morris Sheriff sold 24,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of C$5.18, for a total value of C$124,426.08. In the last ninety days, insiders sold 58,000 shares of company stock worth $296,520. Insiders own 2.12% of the company’s stock.
enCore Energy Company Profile
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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