Intech Investment Management LLC Purchases Shares of 27,187 enCore Energy Corp. (NASDAQ:EU)

Intech Investment Management LLC purchased a new stake in shares of enCore Energy Corp. (NASDAQ:EU) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 27,187 shares of the company’s stock, valued at approximately $110,000.

A number of other institutional investors have also made changes to their positions in EU. Van ECK Associates Corp grew its holdings in shares of enCore Energy by 89.3% in the third quarter. Van ECK Associates Corp now owns 2,434,342 shares of the company’s stock valued at $9,762,000 after purchasing an additional 1,148,056 shares in the last quarter. Azarias Capital Management L.P. grew its holdings in shares of enCore Energy by 28.1% in the second quarter. Azarias Capital Management L.P. now owns 4,814,976 shares of the company’s stock valued at $20,590,000 after purchasing an additional 1,056,483 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of enCore Energy by 37.0% in the first quarter. Vanguard Group Inc. now owns 922,691 shares of the company’s stock valued at $4,041,000 after purchasing an additional 249,307 shares in the last quarter. Accordant Advisory Group Inc acquired a new position in shares of enCore Energy in the second quarter valued at approximately $660,000. Finally, Goehring & Rozencwajg Associates LLC grew its holdings in shares of enCore Energy by 10.7% in the second quarter. Goehring & Rozencwajg Associates LLC now owns 1,082,548 shares of the company’s stock valued at $4,265,000 after purchasing an additional 104,900 shares in the last quarter. 20.86% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on EU shares. Ventum Cap Mkts upgraded shares of enCore Energy to a “strong-buy” rating in a report on Thursday, August 22nd. HC Wainwright reiterated a “buy” rating and set a $7.00 price target on shares of enCore Energy in a report on Tuesday, November 19th.

enCore Energy Stock Down 1.7 %

NASDAQ EU opened at $3.56 on Friday. enCore Energy Corp. has a 52 week low of $3.02 and a 52 week high of $5.05. The stock has a market capitalization of $662.48 million, a PE ratio of -12.71 and a beta of -0.04. The firm has a 50 day moving average of $3.90 and a two-hundred day moving average of $3.89.

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 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.