enCore Energy (CVE:EU) Reaches New 1-Year Low – What’s Next?
by Mitch Edgeman · The Markets DailyenCore Energy Corp. (CVE:EU – Get Free Report) shares hit a new 52-week low during trading on Tuesday . The company traded as low as C$1.77 and last traded at C$1.77, with a volume of 243272 shares trading hands. The stock had previously closed at C$1.88.
enCore Energy Price Performance
The stock has a market cap of C$367.10 million, a PE ratio of -13.50 and a beta of 1.51. The business has a fifty day moving average of C$2.39 and a 200 day moving average of C$3.15.
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 the Crownpoint and Hosta Butte uranium project that covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also has interests in the Marquez-Juan Tafoya property, which consists of 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project that covers 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico.