enCore Energy Corp. (NASDAQ:EU) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank decreased its stake in shares of enCore Energy Corp. (NASDAQ:EU) by 24.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,038 shares of the company’s stock after selling 8,196 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in enCore Energy were worth $103,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of EU. Rathbones Group PLC purchased a new stake in shares of enCore Energy during the 2nd quarter worth about $39,000. Xponance Inc. acquired a new position in enCore Energy during the second quarter valued at approximately $43,000. Sei Investments Co. purchased a new stake in enCore Energy during the second quarter worth approximately $46,000. Principal Financial Group Inc. increased its position in shares of enCore Energy by 19.6% in the second quarter. Principal Financial Group Inc. now owns 22,317 shares of the company’s stock worth $88,000 after acquiring an additional 3,652 shares in the last quarter. Finally, Intech Investment Management LLC purchased a new position in shares of enCore Energy in the 3rd quarter valued at $110,000. Hedge funds and other institutional investors own 20.86% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on EU shares. HC Wainwright reaffirmed a “buy” rating and set a $7.00 price target on shares of enCore Energy in a research report on Tuesday, November 19th. Ventum Cap Mkts upgraded enCore Energy to a “strong-buy” rating in a research note on Thursday, August 22nd.

enCore Energy Trading Down 4.8 %

EU opened at $3.39 on Tuesday. enCore Energy Corp. has a twelve month low of $3.02 and a twelve month high of $5.05. The firm has a market cap of $630.84 million, a price-to-earnings ratio of -12.11 and a beta of -0.04. The company has a fifty day simple moving average of $3.89 and a 200 day simple moving average of $3.87.

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 Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.