Barclays PLC Has $1.33 Million Position in enCore Energy Corp. (NASDAQ:EU)

Barclays PLC lessened its holdings in shares of enCore Energy Corp. (NASDAQ:EU) by 27.7% in the third quarter, Holdings Channel.com reports. The fund owned 329,730 shares of the company’s stock after selling 126,319 shares during the quarter. Barclays PLC’s holdings in enCore Energy were worth $1,332,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. State Street Corp raised its position in shares of enCore Energy by 3.5% in the 3rd quarter. State Street Corp now owns 3,085,686 shares of the company’s stock valued at $12,466,000 after acquiring an additional 105,685 shares during the period. Van ECK Associates Corp increased its stake in enCore Energy by 89.3% in the third quarter. Van ECK Associates Corp now owns 2,434,342 shares of the company’s stock valued at $9,762,000 after purchasing an additional 1,148,056 shares in the last quarter. Goehring & Rozencwajg Associates LLC raised its holdings in enCore Energy by 10.7% in the second quarter. Goehring & Rozencwajg Associates LLC now owns 1,082,548 shares of the company’s stock worth $4,265,000 after purchasing an additional 104,900 shares during the period. Bank of New York Mellon Corp boosted its position in shares of enCore Energy by 22.9% during the second quarter. Bank of New York Mellon Corp now owns 515,641 shares of the company’s stock worth $2,032,000 after purchasing an additional 95,925 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of enCore Energy by 3.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 437,297 shares of the company’s stock worth $1,767,000 after purchasing an additional 15,740 shares in the last quarter. Institutional investors own 20.86% of the company’s stock.

Analyst Upgrades and Downgrades

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

enCore Energy Stock Performance

Shares of EU opened at $3.44 on Friday. The stock has a 50 day simple moving average of $3.67 and a 200 day simple moving average of $3.76. enCore Energy Corp. has a 52-week low of $3.02 and a 52-week high of $5.05. The firm has a market capitalization of $640.24 million, a PE ratio of -12.29 and a beta of -0.04.

About enCore Energy

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.