Savant Capital LLC Invests $36,000 in enCore Energy Corp. (NASDAQ:EU)

Savant Capital LLC acquired a new position in enCore Energy Corp. (NASDAQ:EU) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,500 shares of the company’s stock, valued at approximately $36,000.

Several other institutional investors have also recently made changes to their positions in the business. SG Americas Securities LLC lifted its stake in shares of enCore Energy by 10.2% in the 4th quarter. SG Americas Securities LLC now owns 113,517 shares of the company’s stock worth $387,000 after purchasing an additional 10,469 shares during the period. JPMorgan Chase & Co. raised its stake in enCore Energy by 6.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 81,173 shares of the company’s stock worth $328,000 after acquiring an additional 5,067 shares during the period. Franklin Resources Inc. bought a new stake in enCore Energy during the 3rd quarter worth approximately $60,000. Tidal Investments LLC raised its stake in enCore Energy by 48.7% during the 3rd quarter. Tidal Investments LLC now owns 38,697 shares of the company’s stock worth $156,000 after acquiring an additional 12,672 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in enCore Energy during the 3rd quarter worth approximately $128,000. Institutional investors own 20.86% of the company’s stock.

Insiders Place Their Bets

In other news, Chairman William M. Sheriff sold 24,000 shares of enCore Energy stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.20, for a total transaction of $76,800.00. Following the sale, the chairman now owns 2,120,055 shares in the company, valued at $6,784,176. This trade represents a 1.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

enCore Energy Trading Down 2.1 %

NASDAQ EU opened at $2.75 on Thursday. enCore Energy Corp. has a 12 month low of $2.70 and a 12 month high of $5.05. The stock has a market cap of $511.83 million, a price-to-earnings ratio of -9.82 and a beta of 0.12. The company’s 50 day moving average is $3.28 and its two-hundred day moving average is $3.57.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright restated a “buy” rating and set a $7.00 target price on shares of enCore Energy in a research note 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.