In the last trading session, 1.29 million enCore Energy Corp (NASDAQ:EU) shares changed hands as the company’s beta touched 1.28. With the company’s per share price at $3.22 changed hands at $0.04 or 1.26% during last session, the market valuation stood at $596.79M. EU’s last price was a discount, traded about -56.83% off its 52-week high of $5.05. The share price had its 52-week low at $3.02, which suggests the last value was 6.21% up since then. When we look at enCore Energy Corp’s average trading volume, we note the 10-day average is 1.72 million shares, with the 3-month average coming to 1.41 million.
Analysts gave the enCore Energy Corp (EU) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended EU as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
enCore Energy Corp (NASDAQ:EU) trade information
Instantly EU was in green as seen at the end of in last trading. With action -0.31%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -5.57%, with the 5-day performance at -0.31% in the red. However, in the 30-day time frame, enCore Energy Corp (NASDAQ:EU) is -12.97% down. Looking at the short shares, we see there were 7.8 million shares sold at short interest cover period of 6.71 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 54.0% from its current market value. According to analyst projections, EU’s forecast low is 7 with 7 as the target high. To hit the forecast high, the stock’s price needs a -117.39% plunge from its current level, while the stock would need to soar -117.39% for it to hit the projected low.
enCore Energy Corp (EU) estimates and forecasts
Data shows that the enCore Energy Corp share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -6.12% over the past 6 months, a -33.33% in annual growth rate that is considerably lower than the industry average of 9.20%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -124.91%. The 2025 estimates are for enCore Energy Corp earnings to decrease by -22.53%.
EU Dividends
enCore Energy Corp is expected to release its next quarterly earnings report in March.
enCore Energy Corp (NASDAQ:EU)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.12% of enCore Energy Corp shares while 44.62% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 45.59%.
Among Mutual Funds, the top two as of Nov 30, 2024 were Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF. With 12.16 shares estimated at $39.16 million under it, the former controlled 6.54% of total outstanding shares. On the other hand, Sprott Uranium Miners ETF held about 6.16% of the shares, roughly 11.47 shares worth around $36.94 million.
