enCore Energy Corp. (NASDAQ:EU) Shares Purchased by State Street Corp

State Street Corp raised its holdings in enCore Energy Corp. (NASDAQ:EU) by 3.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,085,686 shares of the company’s stock after buying an additional 105,685 shares during the period. State Street Corp’s holdings in enCore Energy were worth $12,466,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in EU. Verition Fund Management LLC purchased a new position in shares of enCore Energy in the 3rd quarter valued at $96,000. Charles Schwab Investment Management Inc. grew its stake in enCore Energy by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 437,297 shares of the company’s stock worth $1,767,000 after buying an additional 15,740 shares during the last quarter. Intech Investment Management LLC purchased a new position in enCore Energy during the 3rd quarter worth approximately $110,000. Arlington Capital Management Inc. lifted its stake in enCore Energy by 2.6% in the third quarter. Arlington Capital Management Inc. now owns 222,035 shares of the company’s stock valued at $897,000 after buying an additional 5,655 shares during the last quarter. Finally, Van ECK Associates Corp raised its position in enCore Energy by 89.3% in the 3rd 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 during the last quarter. 20.86% of the stock is owned by institutional investors and hedge funds.

enCore Energy Price Performance

enCore Energy stock opened at $3.40 on Thursday. The business has a 50 day simple moving average of $3.70 and a 200-day simple moving average of $3.77. enCore Energy Corp. has a 12 month low of $3.02 and a 12 month high of $5.05. The stock has a market capitalization of $632.79 million, a PE ratio of -12.14 and a beta of -0.04.

Analyst Ratings Changes

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

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.