Charles Schwab Investment Management Inc. Grows Stake in enCore Energy Corp. (NASDAQ:EU)

Charles Schwab Investment Management Inc. grew its position in shares of enCore Energy Corp. (NASDAQ:EU) by 3.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 437,297 shares of the company’s stock after buying an additional 15,740 shares during the period. Charles Schwab Investment Management Inc. owned 0.24% of enCore Energy worth $1,767,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Van ECK Associates Corp grew its position 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 enCore Energy by 28.1% during the 2nd quarter. Azarias Capital Management L.P. now owns 4,814,976 shares of the company’s stock valued at $20,590,000 after buying an additional 1,056,483 shares in the last quarter. Vanguard Group Inc. increased its position in shares of enCore Energy by 37.0% during the first quarter. Vanguard Group Inc. now owns 922,691 shares of the company’s stock valued at $4,041,000 after buying an additional 249,307 shares during the period. Goehring & Rozencwajg Associates LLC lifted 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 worth $4,265,000 after buying an additional 104,900 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of enCore Energy by 22.9% in the second quarter. Bank of New York Mellon Corp now owns 515,641 shares of the company’s stock valued at $2,032,000 after acquiring an additional 95,925 shares during the period. Institutional investors own 20.86% of the company’s stock.

Wall Street Analyst Weigh In

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

enCore Energy Trading Down 0.3 %

Shares of EU opened at $3.21 on Tuesday. The stock has a 50-day moving average price of $3.80 and a 200-day moving average price of $3.82. The company has a market cap of $597.38 million, a PE ratio of -11.46 and a beta of -0.04. enCore Energy Corp. has a 12-month low of $3.02 and a 12-month high of $5.05.

enCore Energy 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.