enCore Energy (CVE:EU) Stock Price Up 23.9% – Time to Buy?

enCore Energy Corp. (CVE:EU) shot up 23.9% on Tuesday . The stock traded as high as C$2.46 and last traded at C$2.44. 1,280,798 shares were traded during trading, an increase of 268% from the average session volume of 347,792 shares. The stock had previously closed at C$1.97.

enCore Energy Trading Up 23.9 %

The firm has a market cap of C$324.61 million, a PE ratio of -5.76 and a beta of 1.20. The firm has a 50 day moving average price of C$4.49 and a 200-day moving average price of C$4.92.

Insider Activity at enCore Energy

In related news, Director William Morris Sheriff sold 24,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of C$5.11, for a total value of C$122,701.63. 2.12% of the stock is currently owned by corporate insiders.

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.