
enCore Energy Corp. (NASDAQ:EU – Free Report) – Equities researchers at HC Wainwright issued their FY2026 EPS estimates for enCore Energy in a note issued to investors on Friday, May 15th. HC Wainwright analyst H. Ihle expects that the company will post earnings per share of ($0.19) for the year. HC Wainwright has a “Buy” rating and a $3.75 price objective on the stock. The consensus estimate for enCore Energy’s current full-year earnings is ($0.21) per share.
enCore Energy (NASDAQ:EU – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.03). The company had revenue of $18.30 million for the quarter, compared to analysts’ expectations of $9.30 million. enCore Energy had a negative net margin of 62.96% and a negative return on equity of 21.98%.
Check Out Our Latest Research Report on EU
enCore Energy Stock Performance
EU opened at $1.46 on Tuesday. The company has a quick ratio of 10.25, a current ratio of 11.08 and a debt-to-equity ratio of 0.39. The company has a market cap of $283.56 million, a price-to-earnings ratio of -9.73 and a beta of 2.18. enCore Energy has a 52-week low of $1.45 and a 52-week high of $4.19. The firm’s fifty day simple moving average is $1.87 and its two-hundred day simple moving average is $2.44.
Hedge Funds Weigh In On enCore Energy
Hedge funds and other institutional investors have recently modified their holdings of the business. Brookstone Capital Management purchased a new position in shares of enCore Energy in the first quarter worth about $26,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of enCore Energy by 192.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 8,137 shares of the company’s stock worth $26,000 after buying an additional 5,356 shares in the last quarter. Osaic Holdings Inc. purchased a new position in shares of enCore Energy in the second quarter worth about $29,000. Arax Advisory Partners increased its position in enCore Energy by 898.7% during the fourth quarter. Arax Advisory Partners now owns 11,545 shares of the company’s stock worth $29,000 after purchasing an additional 10,389 shares during the last quarter. Finally, Laurion Capital Management LP acquired a new stake in enCore Energy during the fourth quarter worth about $29,000. 20.86% of the stock is owned by hedge funds and other institutional investors.
About enCore Energy
enCore Energy Inc is a U.S.-based uranium exploration and development company focused on deploying in-situ recovery (ISR) technology to bring domestic uranium projects into production. The company’s operations are centered on the Nichols Ranch ISR facility in Wyoming, which represents enCore’s flagship asset and its nearest-term production opportunity. Through ISR methods, enCore seeks to extract uranium with lower environmental impact and capital requirements relative to conventional mining.
In addition to Nichols Ranch, enCore holds a diversified portfolio of uranium properties in the western United States, including the Roca Honda project in New Mexico and several ISR-amenable projects in the Texas and Oklahoma regions.
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