10,204 Shares in enCore Energy Corp. $EU Acquired by Ballentine Partners LLC

Ballentine Partners LLC purchased a new position in shares of enCore Energy Corp. (NASDAQ:EU) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,204 shares of the company’s stock, valued at approximately $29,000.

Other hedge funds also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of enCore Energy by 64.7% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,000 shares of the company’s stock worth $27,000 after acquiring an additional 7,461 shares in the last quarter. Compound Planning Inc. bought a new position in shares of enCore Energy during the 1st quarter worth approximately $27,000. Virtu Financial LLC bought a new position in shares of enCore Energy during the 1st quarter worth approximately $35,000. Sovran Advisors LLC bought a new position in shares of enCore Energy during the 1st quarter worth approximately $36,000. Finally, NFP Retirement Inc. grew its stake in shares of enCore Energy by 35.7% during the 1st quarter. NFP Retirement Inc. now owns 38,000 shares of the company’s stock worth $52,000 after acquiring an additional 10,000 shares in the last quarter. 20.86% of the stock is owned by institutional investors.

enCore Energy Stock Performance

EU opened at $3.21 on Wednesday. enCore Energy Corp. has a fifty-two week low of $1.01 and a fifty-two week high of $4.44. The company has a market capitalization of $600.59 million, a P/E ratio of -9.17 and a beta of 1.84. The stock has a fifty day moving average of $2.64 and a 200-day moving average of $2.18.

enCore Energy (NASDAQ:EU) last posted its earnings results on Monday, August 11th. The company reported ($0.07) earnings per share for the quarter. enCore Energy had a negative return on equity of 19.23% and a negative net margin of 143.28%.The firm had revenue of $3.66 million for the quarter. On average, equities research analysts predict that enCore Energy Corp. will post -0.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

EU has been the subject of several research reports. Wall Street Zen raised shares of enCore Energy from a “sell” rating to a “hold” rating in a research note on Monday, September 22nd. Zacks Research raised shares of enCore Energy to a “hold” rating in a research note on Tuesday, August 12th. HC Wainwright boosted their target price on shares of enCore Energy from $2.75 to $4.00 and gave the stock a “buy” rating in a report on Tuesday, August 12th. Finally, B. Riley started coverage on shares of enCore Energy in a report on Wednesday, July 23rd. They set a “buy” rating and a $4.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, enCore Energy currently has an average rating of “Buy” and a consensus price target of $4.00.

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.