enCore Energy (CVE:EU) Stock Price Down 33.1% – Time to Sell?

enCore Energy Corp. (CVE:EU)’s stock price was down 33.1% on Monday . The stock traded as low as C$2.15 and last traded at C$2.42. Approximately 1,601,906 shares were traded during trading, an increase of 516% from the average daily volume of 260,217 shares. The stock had previously closed at C$3.62.

enCore Energy Stock Down 45.6 %

The business has a 50-day moving average price of C$4.55 and a 200-day moving average price of C$4.93. The firm has a market capitalization of C$262.08 million, a P/E ratio of -4.65 and a beta of 1.20.

Insider Activity

In related news, Director William Morris Sheriff sold 24,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of C$5.11, for a total transaction of C$122,701.63. In the last 90 days, insiders sold 58,000 shares of company stock worth $296,520. 2.12% of the stock is currently owned by corporate 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.