If/when the bill to ban Russian uranium is passed (HR1042), there will be a premium for American uranium producers. Encore is the stud among a limited group of peers.
Any weakness is a very good buy in my opinion.
Encore is my overall favorite single name for the uranium bull market from a risk/reward perspective. Near term producer that will be a cash flowing...
enCore Energy is also beginning to line up nicely for the next 6 to 12 months.
Same as with Uranium Royalty Corp, enCore Energy is in a good position to benefit from the increasing need for Nuclear energy.
Encore had 2 failed breakouts circled in orange, will we have positive RSI and break through to $2 and above?
Similar chart to KAP and the 200mda about to cross the 100dma, could be about to go full on bullish.
I hope so as LONG.
Its in the chart!
EU is a uranium play.
Avg target 3.13
Bullish on the sector in the future. I dont think this will fall below stop loss target outlined here.
Around €10.000.000 marketcap, 138 million total outstanding shares, an all-star team (probably the best for a smaller company) and 200-400 million lbs of uranium below their feet, while sold the biggest US based uranium resource in history for about €1.250.000.000 (more than 120x enCore’s current value). I’m truely obsessed by this company and having a big stake,...
