Deutsche Bank AG Has $532,000 Stock Position in enCore Energy Corp. (NASDAQ:EU)

Deutsche Bank AG boosted its position in shares of enCore Energy Corp. (NASDAQ:EU) by 57.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 155,897 shares of the company’s stock after purchasing an additional 56,957 shares during the period. Deutsche Bank AG owned 0.08% of enCore Energy worth $532,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Azarias Capital Management L.P. boosted its position in 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 valued at $18,230,000 after purchasing an additional 342,657 shares during the last quarter. Invesco Ltd. boosted its position in enCore Energy by 3.9% during the fourth quarter. Invesco Ltd. now owns 3,873,993 shares of the company’s stock valued at $13,210,000 after purchasing an additional 145,459 shares during the last quarter. Wells Fargo & Company MN boosted its position in enCore Energy by 44.9% during the fourth quarter. Wells Fargo & Company MN now owns 91,641 shares of the company’s stock valued at $312,000 after purchasing an additional 28,392 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in enCore Energy during the fourth quarter valued at $38,000. Finally, XTX Topco Ltd acquired a new stake in shares of enCore Energy in the fourth quarter worth about $104,000. Institutional investors and hedge funds own 20.86% of the company’s stock.

Insider Buying and Selling

In other enCore Energy news, Chairman William M. Sheriff acquired 40,000 shares of the business’s stock in a transaction that occurred on Thursday, April 3rd. The stock was acquired at an average price of $1.21 per share, with a total value of $48,400.00. Following the transaction, the chairman now owns 2,310,055 shares of the company’s stock, valued at approximately $2,795,166.55. This trade represents a 1.76% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

enCore Energy Price Performance

Shares of NASDAQ:EU opened at $2.04 on Friday. enCore Energy Corp. has a fifty-two week low of $1.01 and a fifty-two week high of $4.96. The business has a 50-day moving average of $1.52 and a two-hundred day moving average of $2.51. The stock has a market capitalization of $381.49 million, a P/E ratio of -7.29 and a beta of 1.19.

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

Wall Street Analyst Weigh In

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $2.75 price target on shares of enCore Energy in a research report on Tuesday, May 13th.

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.