enCore Energy (CVE:EU) Reaches New 52-Week Low – Here’s What Happened

enCore Energy Corp. (CVE:EU) reached a new 52-week low during trading on Monday . The company traded as low as C$3.56 and last traded at C$3.63, with a volume of 660454 shares. The stock had previously closed at C$3.72.

enCore Energy Stock Down 2.2 %

The firm’s fifty day simple moving average is C$4.66 and its 200-day simple moving average is C$4.96. The firm has a market capitalization of C$484.25 million, a PE ratio of -8.60 and a beta of 1.20.

Insider Activity at enCore Energy

In other news, Director William Morris Sheriff sold 24,000 shares of enCore Energy stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$5.11, for a total value of C$122,701.63. In the last three months, insiders have sold 58,000 shares of company stock valued at $296,520. 2.12% of the stock is owned by corporate insiders.

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.