Insider Buying: enCore Energy Corp. (CVE:EU) Director Acquires 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 on Monday, March 24th. The shares were bought at an average price of C$2.36 per share, for a total transaction of C$82,747.67.

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

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

enCore Energy Price Performance

EU traded down C$0.02 during midday trading on Monday, hitting C$2.32. 147,769 shares of the company’s stock traded hands, compared to its average volume of 352,182. enCore Energy Corp. has a one year low of C$1.80 and a one year high of C$6.91. The stock’s fifty day simple moving average is C$3.69 and its 200-day simple moving average is C$4.67. The company has a market cap of C$308.64 million, a PE ratio of -5.48 and a beta of 1.20.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts raised enCore Energy to a “strong-buy” rating in a research note 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.