enCore Energy Corp (NASDAQ:EU)’s traded shares stood at 1.7 million during the last session, with the company’s beta value hitting 1.76. At the close of trading, the stock’s price was $1.64, to imply an increase of 5.81% or $0.09 in intraday trading. The EU share’s 52-week high remains $5.05, putting it -207.93% down since that peak but still an impressive 23.17% since price per share fell to its 52-week low of $1.26. The company has a valuation of $305.47M, with an average of 2.08 million shares in intraday trading volume over the past 10 days and average of 2.10 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for enCore Energy Corp (EU), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give EU a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.03.
enCore Energy Corp (NASDAQ:EU) trade information
After registering a 5.81% upside in the last session, enCore Energy Corp (EU) has traded red over the past five days. The 5-day price performance for the stock is 16.31%, and -41.64% over 30 days. With these gigs, the year-to-date price performance is -51.91%. Short interest in enCore Energy Corp (NASDAQ:EU) saw shorts transact 10.2 million shares and set a 6.23 days time to cover.
The extremes give us $7 and $7 for target low and target high price respectively. As such, EU has been trading -326.83% off suggested target high and -326.83% from its likely low.
enCore Energy Corp (EU) estimates and forecasts
The rating firms project that company’s revenue will grow 0.12% compared to the previous financial year. Revenue forecast for the current quarter as set by 2 analysts is 17.16M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 18.53M.
EU Dividends
enCore Energy Corp has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
enCore Energy Corp (NASDAQ:EU)’s Major holders
enCore Energy Corp insiders hold 2.18% of total outstanding shares, with institutional holders owning 48.72% of the shares at 49.80% float percentage. In total, 48.72% institutions holds shares in the company, led by MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. As of 2024-06-30, the company held over 12.17 million shares (or 6.8209% of shares), all amounting to roughly $47.75 million.
The next major institution holding the largest number of shares is AZARIAS CAPITAL MANAGEMENT, L.P. with 4.81 million shares, or about 2.6996% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $20.59 million.
We also have Global X Uranium ETF and SPROTT URANIUM MINERS ETF as the top two Mutual Funds with the largest holdings of the enCore Energy Corp (EU) shares. Going by data provided on Dec 31, 2024, Global X Uranium ETF holds roughly 11.82 shares. This is just over 6.35% of the total shares, with a market valuation of $19.39 million. Data from the same date shows that the other fund manager holds a little less at 11.51, or 6.18% of the shares, all valued at about 18.88 million.
