enCore Energy Corp. (NASDAQ:EU) Shares Sold by Barclays PLC

Barclays PLC lowered its position in shares of enCore Energy Corp. (NASDAQ:EU) by 27.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 329,730 shares of the company’s stock after selling 126,319 shares during the quarter. Barclays PLC owned 0.18% of enCore Energy worth $1,332,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Verition Fund Management LLC purchased a new position in shares of enCore Energy during the 3rd quarter valued at $96,000. Van ECK Associates Corp lifted its holdings in enCore Energy by 89.3% in the 3rd quarter. Van ECK Associates Corp now owns 2,434,342 shares of the company’s stock worth $9,762,000 after purchasing an additional 1,148,056 shares during the last quarter. National Bank of Canada FI acquired a new stake in shares of enCore Energy in the third quarter worth $832,000. American Century Companies Inc. acquired a new position in enCore Energy in the 2nd quarter valued at $179,000. Finally, Principal Financial Group Inc. lifted its position in enCore Energy by 19.6% during the 2nd quarter. Principal Financial Group Inc. now owns 22,317 shares of the company’s stock worth $88,000 after acquiring an additional 3,652 shares during the last quarter. Hedge funds and other institutional investors own 20.86% of the company’s stock.

enCore Energy Stock Down 0.9 %

enCore Energy stock opened at $3.44 on Friday. enCore Energy Corp. has a 12-month low of $3.02 and a 12-month high of $5.05. The stock has a 50-day simple moving average of $3.67 and a 200 day simple moving average of $3.76. The stock has a market capitalization of $640.24 million, a price-to-earnings ratio of -12.29 and a beta of -0.04.

Wall Street Analyst Weigh In

Separately, HC Wainwright reaffirmed a “buy” rating and set a $7.00 target price on shares of enCore Energy in a research report on Tuesday, November 19th.

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.