enCore Energy (CVE:EU) Stock Price Down 20.9% – Here’s What Happened

enCore Energy Corp. (CVE:EU) was down 20.9% on Thursday . The stock traded as low as C$2.86 and last traded at C$2.95. Approximately 510,605 shares were traded during mid-day trading, an increase of 56% from the average daily volume of 327,150 shares. The stock had previously closed at C$3.73.

enCore Energy Stock Up 6.2%

The company has a market capitalization of C$435.03 million, a PE ratio of -7.72 and a beta of 1.20. The company has a 50-day moving average price of C$3.70 and a two-hundred day moving average price of C$2.96.

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.