enCore Energy Corp. (NASDAQ:EU) Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in enCore Energy Corp. (NASDAQ:EU) by 1.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 12,702,287 shares of the company’s stock after purchasing an additional 165,082 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.07% of enCore Energy worth $42,839,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Azarias Capital Management L.P. boosted its position in shares of enCore Energy by 6.8% during the fourth quarter. Azarias Capital Management L.P. now owns 5,346,013 shares of the company’s stock worth $18,230,000 after buying an additional 342,657 shares during the period. Van ECK Associates Corp lifted its stake in enCore Energy by 79.8% during the 4th quarter. Van ECK Associates Corp now owns 4,378,073 shares of the company’s stock worth $14,929,000 after acquiring an additional 1,943,731 shares in the last quarter. Invesco Ltd. boosted its holdings in enCore Energy by 3.9% during the 4th quarter. Invesco Ltd. now owns 3,873,993 shares of the company’s stock valued at $13,210,000 after acquiring an additional 145,459 shares during the period. MMCAP International Inc. SPC boosted its holdings in enCore Energy by 64.2% during the 4th quarter. MMCAP International Inc. SPC now owns 2,301,509 shares of the company’s stock valued at $7,848,000 after acquiring an additional 899,901 shares during the period. Finally, Geode Capital Management LLC grew its position in enCore Energy by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 2,228,776 shares of the company’s stock valued at $7,600,000 after acquiring an additional 25,637 shares in the last quarter. Hedge funds and other institutional investors own 20.86% of the company’s stock.

Insider Buying and Selling at enCore Energy

In other news, Chairman William M. Sheriff purchased 40,000 shares of the stock in a transaction on Thursday, April 3rd. The stock was bought at an average price of $1.21 per share, for a total transaction of $48,400.00. Following the acquisition, the chairman now directly owns 2,310,055 shares of the company’s stock, valued at approximately $2,795,166.55. The trade was a 1.76% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Analysts Set New Price Targets

Separately, HC Wainwright reissued a “buy” rating and set a $2.75 price target on shares of enCore Energy in a research report on Tuesday.

enCore Energy Stock Down 2.8%

Shares of EU stock opened at $1.71 on Wednesday. The firm has a 50 day moving average of $1.45 and a two-hundred day moving average of $2.66. The stock has a market capitalization of $319.23 million, a PE ratio of -6.11 and a beta of 1.19. enCore Energy Corp. has a 52 week low of $1.01 and a 52 week high of $4.96.

enCore Energy (NASDAQ:EU) last announced its quarterly earnings data on Monday, May 12th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.06). The firm had revenue of $18.24 million during the quarter, compared to analyst estimates of $15.10 million. Analysts expect that enCore Energy Corp. will post -0.2 EPS for the current fiscal year.

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 Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.