enCore Energy (CVE:EU) Raised to “Strong-Buy” at Ventum Cap Mkts

enCore Energy (CVE:EU) was upgraded by equities researchers at Ventum Cap Mkts to a “strong-buy” rating in a report released on Monday,Zacks.com reports. Ventum Cap Mkts also issued estimates for enCore Energy’s FY2028 earnings at $0.31 EPS.

enCore Energy Stock Up 6.7 %

EU opened at C$2.23 on Monday. The firm has a market cap of C$296.67 million, a PE ratio of -5.27 and a beta of 1.20. The business has a fifty day simple moving average of C$4.19 and a 200-day simple moving average of C$4.82. enCore Energy has a fifty-two week low of C$1.80 and a fifty-two week high of C$6.91.

Insider Transactions at enCore Energy

In other enCore Energy news, Director William Morris Sheriff bought 35,000 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The stock was acquired at an average price of C$2.37 per share, with a total value of C$83,079.36. Corporate 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.