Paradice Investment Management LLC Purchases New Holdings in enCore Energy Corp. (NASDAQ:EU)

Paradice Investment Management LLC purchased a new stake in shares of enCore Energy Corp. (NASDAQ:EUFree Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 60,714 shares of the company’s stock, valued at approximately $239,000.

A number of other large investors also recently bought and sold shares of EU. Arlington Capital Management Inc. bought a new stake in shares of enCore Energy in the fourth quarter worth approximately $853,000. HTLF Bank bought a new stake in enCore Energy during the fourth quarter valued at approximately $983,000. Mirae Asset Global Investments Co. Ltd. grew its position in enCore Energy by 7.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,260,952 shares of the company’s stock valued at $32,640,000 after buying an additional 541,050 shares during the period. Finally, Fourth Sail Capital LP bought a new stake in enCore Energy during the fourth quarter valued at approximately $5,519,000. 20.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. HC Wainwright assumed coverage on shares of enCore Energy in a report on Monday, May 6th. They set a “buy” rating and a $7.50 price target on the stock. B. Riley reissued a “buy” rating and issued a $6.00 target price on shares of enCore Energy in a report on Wednesday.

Get Our Latest Stock Analysis on enCore Energy

enCore Energy Stock Up 6.3 %

EU stock traded up $0.28 during mid-day trading on Friday, reaching $4.70. 1,357,462 shares of the stock traded hands, compared to its average volume of 1,130,619. enCore Energy Corp. has a one year low of $1.93 and a one year high of $5.05. The company has a 50-day simple moving average of $4.41.

enCore Energy (NASDAQ:EUGet Free Report) last posted its quarterly earnings results on Friday, May 10th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The firm had revenue of $30.40 million for the quarter, compared to analysts’ expectations of $3.30 million. As a group, equities research analysts expect that enCore Energy Corp. will post 0.03 EPS for the current year.

About enCore Energy

(Free Report)

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.

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Institutional Ownership by Quarter for enCore Energy (NASDAQ:EU)

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