Insider Buying: enCore Energy (CVE:EU) Director Buys C$117,000.00 in Stock

enCore Energy Corp. (CVE:EU) Director William Morris Sheriff acquired 100,000 shares of enCore Energy stock in a transaction on Monday, September 14th. The shares were bought at an average cost of C$1.17 per share, for a total transaction of C$117,000.00. Following the completion of the transaction, the director owned 1,512,169 shares in the company, valued at approximately C$1,769,237.73. This trade represents a 7.08% increase in their position.

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

• On Tuesday, September 15th, William Morris Sheriff bought 50,000 shares of enCore Energy stock. The stock was bought at an average cost of C$1.24 per share, with a total value of C$62,000.00.

enCore Energy Trading Up 10.4%

Shares of EU opened at C$1.38 on Friday. The firm’s 50-day moving average price is C$1.65 and its 200-day moving average price is C$2.12. The firm has a market capitalization of C$268.11 million, a price-to-earnings ratio of -4.18 and a beta of 1.71. enCore Energy Corp. has a 1-year low of C$1.08 and a 1-year high of C$5.88.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised enCore Energy to a “strong-buy” rating in a research report on Thursday, September 3rd. Two research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, enCore Energy presently has a consensus rating of “Strong Buy”.

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.