Insider Selling: enCore Energy Corp. (CVE:EU) Director Sells C$124,426.08 in Stock

enCore Energy Corp. (CVE:EU) Director William Morris Sheriff sold 24,000 shares of the company’s stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of C$5.18, for a total transaction of C$124,426.08.

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

• On Thursday, December 5th, William Morris Sheriff sold 24,000 shares of enCore Energy stock. The shares were sold at an average price of C$5.11, for a total transaction of C$122,701.63.

enCore Energy Stock Performance

Shares of CVE EU opened at C$5.07 on Monday. The firm has a market cap of C$936.58 million, a price-to-earnings ratio of -28.17 and a beta of 1.20. enCore Energy Corp. has a 1-year low of C$4.10 and a 1-year high of C$6.91. The business has a fifty day moving average of C$5.41.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Canaccord Genuity Group upped their target price on shares of enCore Energy from C$8.00 to C$8.50 and gave the company a “buy” rating in a research report on Tuesday, September 24th. Ventum Financial set a C$7.00 price target on shares of enCore Energy and gave the company a “buy” rating in a report on Thursday, August 22nd.

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.