enCore Energy (CVE:EU – Get Free Report) had its target price lifted by stock analysts at Canaccord Genuity Group from C$8.00 to C$8.50 in a research note issued to investors on Tuesday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 46.05% from the stock’s previous close.
Several other equities research analysts also recently commented on EU. Ventum Financial set a C$7.00 target price on shares of enCore Energy and gave the stock a “buy” rating in a research report on Thursday, August 22nd. Ventum Cap Mkts upgraded shares of enCore Energy to a “strong-buy” rating in a report on Monday, July 8th.
View Our Latest Stock Report on enCore Energy
enCore Energy Trading Up 3.6 %
enCore Energy (CVE:EU – Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported C($0.07) earnings per share (EPS) for the quarter. enCore Energy had a negative net margin of 58.43% and a negative return on equity of 6.92%. The business had revenue of C$7.28 million during the quarter.
Insider Buying and Selling at enCore Energy
In other enCore Energy news, Director William Morris Sheriff sold 10,000 shares of the business’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of C$3.80, for a total value of C$38,000.00. Insiders own 2.12% of the company’s stock.
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.
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