enCore Energy (CVE:EU) Sets New 12-Month Low – Here’s What Happened

enCore Energy Corp. (CVE:EU) reached a new 52-week low during trading on Monday . The company traded as low as C$4.08 and last traded at C$4.09, with a volume of 355060 shares. The stock had previously closed at C$4.15.

enCore Energy Price Performance

The company has a market capitalization of C$762.93 million, a PE ratio of -22.94 and a beta of 1.20. The business has a 50-day moving average of C$4.80 and a 200 day moving average of C$5.01.

Insider Activity at enCore Energy

In related news, Director William Morris Sheriff sold 24,000 shares of the firm’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$5.11, for a total value of C$122,701.63. In the last 90 days, insiders have sold 58,000 shares of company stock worth $296,520. Company 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.