In the latest trading session, 0.58 million enCore Energy Corp (NASDAQ:EU) shares changed hands as the company’s beta touched 1.32. With the company’s most recent per share price at $2.63 changing hands around $0.15 or 6.25% at last look, the market valuation stands at $488.37M. EU’s current price is a discount, trading about -92.02% off its 52-week high of $5.05. The share price had its 52-week low at $2.46, which suggests the last value was 6.46% up since then.
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’s EPS for the current quarter is expected to be -0.03.
enCore Energy Corp (NASDAQ:EU) trade information
Instantly EU is in green as seen in intraday trades today. With action -4.18%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -22.73%, with the 5-day performance at -4.18% in the red. However, in the 30-day time frame, enCore Energy Corp (NASDAQ:EU) is -19.42% down.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 62.43% from its recent 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 -166.16% plunge from its current level, while the stock would need to soar -166.16% for it to hit the projected low.
enCore Energy Corp (EU) estimates and forecasts
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 19.75M. 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 -12.53%.
enCore Energy Corp (NASDAQ:EU)’s Major holders
AZARIAS CAPITAL MANAGEMENT, L.P. holds the second largest percentage of outstanding shares, with 2.6996% or 4.81 million shares worth $20.59 million as of 2024-06-30.
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 $31.81 million under it, the former controlled 6.53% 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 $30.0 million.
