Key Points
- William Sheriff sold 16,500 shares of enCore Energy on Dec. 30 at an average $2.42 for $39,930, reducing his position by 34.46% to 31,376 shares (≈$75,930).
- enCore reported last-quarter EPS of ($0.07) on $8.88 million in revenue with a negative net margin (~118.8%); the stock trades near $2.72 (12‑month range $1.01–$4.18) and the company has a market cap of about $509 million.
- Analyst and institutional sentiment is mixed: the average MarketBeat rating is "Moderate Buy" with a $4.00 average price target, though some firms rate it a sell, and institutions own roughly 20.9% of the shares.
enCore Energy Corp. (NASDAQ:EU - Get Free Report) insider William Sheriff sold 16,500 shares of enCore Energy stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $2.42, for a total transaction of $39,930.00. Following the transaction, the insider owned 31,376 shares of the company's stock, valued at approximately $75,929.92. The trade was a 34.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
enCore Energy Stock Up 9.7%
EU stock opened at $2.72 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 13.64 and a quick ratio of 12.48. The company's 50 day simple moving average is $2.67 and its 200-day simple moving average is $2.75. enCore Energy Corp. has a 12 month low of $1.01 and a 12 month high of $4.18. The firm has a market capitalization of $509.46 million, a PE ratio of -9.71 and a beta of 2.01.
enCore Energy (NASDAQ:EU - Get Free Report) last announced its earnings results on Monday, November 10th. The company reported ($0.07) EPS for the quarter. The company had revenue of $8.88 million for the quarter. enCore Energy had a negative net margin of 118.78% and a negative return on equity of 19.83%. Equities analysts expect that enCore Energy Corp. will post -0.2 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of EU. Bogart Wealth LLC purchased a new stake in enCore Energy in the third quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd grew its stake in shares of enCore Energy by 192.6% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 8,137 shares of the company's stock valued at $26,000 after buying an additional 5,356 shares during the period. Farther Finance Advisors LLC increased its holdings in shares of enCore Energy by 222.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 8,405 shares of the company's stock worth $27,000 after buying an additional 5,797 shares during the last quarter. Osaic Holdings Inc. acquired a new stake in shares of enCore Energy during the 2nd quarter worth $29,000. Finally, Ballentine Partners LLC acquired a new position in enCore Energy in the second quarter valued at $29,000. Institutional investors and hedge funds own 20.86% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. Wall Street Zen lowered shares of enCore Energy from a "hold" rating to a "sell" rating in a report on Saturday, November 22nd. Weiss Ratings reissued a "sell (d-)" rating on shares of enCore Energy in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $4.00.
Read Our Latest Research Report on enCore Energy
enCore Energy Company Profile
(
Get Free Report)
enCore Energy Inc is a U.S.-based uranium exploration and development company focused on deploying in-situ recovery (ISR) technology to bring domestic uranium projects into production. The company's operations are centered on the Nichols Ranch ISR facility in Wyoming, which represents enCore's flagship asset and its nearest-term production opportunity. Through ISR methods, enCore seeks to extract uranium with lower environmental impact and capital requirements relative to conventional mining.
In addition to Nichols Ranch, enCore holds a diversified portfolio of uranium properties in the western United States, including the Roca Honda project in New Mexico and several ISR-amenable projects in the Texas and Oklahoma regions.
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