enCore Energy (CVE:EU) Trading 20.6% Higher – Here’s What Happened

enCore Energy Corp. (CVE:EU)’s share price traded up 20.6% during trading on Tuesday . The company traded as high as C$2.40 and last traded at C$2.38. 1,093,404 shares traded hands during mid-day trading, an increase of 218% from the average session volume of 343,361 shares. The stock had previously closed at C$1.97.

enCore Energy Stock Up 23.9 %

The stock has a market cap of C$324.61 million, a P/E ratio of -5.76 and a beta of 1.20. The company has a 50-day simple moving average of C$4.49 and a two-hundred day simple moving average of C$4.92.

Insider Activity at enCore Energy

In other enCore Energy news, Director William Morris Sheriff sold 10,000 shares of the stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of C$4.94, for a total value of C$49,392.00. 2.12% of the stock is currently owned by company insiders.

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.