enCore Energy (CVE:EU) Raised to “Strong-Buy” at Ventum Cap Mkts

enCore Energy (CVE:EU) was upgraded by stock analysts at Ventum Cap Mkts to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports. Ventum Cap Mkts also issued estimates for enCore Energy’s FY2028 earnings at $0.31 EPS.

enCore Energy Trading Up 6.7 %

CVE EU opened at C$2.23 on Monday. The stock has a market cap of C$296.67 million, a P/E ratio of -5.27 and a beta of 1.20. The company has a fifty day simple moving average of C$4.19 and a two-hundred day simple moving average of C$4.82. enCore Energy has a 12-month low of C$1.80 and a 12-month high of C$6.91.

Insider Transactions at enCore Energy

In other enCore Energy news, Director William Morris Sheriff acquired 30,000 shares of the company’s stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of C$2.38 per share, for a total transaction of C$71,280.00. Insiders own 2.12% of the company’s stock.

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.