
enCore Energy Corp. (NASDAQ:EU – Free Report) – Investment analysts at HC Wainwright dropped their FY2026 earnings per share estimates for enCore Energy in a report issued on Friday, August 14th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of ($0.38) per share for the year, down from their prior estimate of ($0.31). HC Wainwright currently has a “Buy” rating and a $3.50 price target on the stock. The consensus estimate for enCore Energy’s current full-year earnings is ($0.34) per share.
enCore Energy (NASDAQ:EU – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.11). enCore Energy had a negative return on equity of 28.00% and a negative net margin of 112.82%.The company had revenue of $15.70 million for the quarter.
Check Out Our Latest Research Report on enCore Energy
enCore Energy Stock Down 6.6%
EU stock opened at $1.13 on Tuesday. The company has a quick ratio of 6.84, a current ratio of 8.00 and a debt-to-equity ratio of 0.45. The business has a 50 day moving average price of $1.29 and a two-hundred day moving average price of $1.79. The company has a market cap of $219.54 million, a price-to-earnings ratio of -3.42 and a beta of 2.10. enCore Energy has a twelve month low of $1.03 and a twelve month high of $4.18.
Insider Buying and Selling
In other enCore Energy news, Director Mark S. Pelizza purchased 99,182 shares of the stock in a transaction on Thursday, June 11th. The shares were purchased at an average price of $1.37 per share, with a total value of $135,879.34. Following the completion of the transaction, the director directly owned 237,515 shares in the company, valued at $325,395.55. This represents a 71.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Richard H. Little acquired 50,000 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was acquired at an average price of $1.28 per share, for a total transaction of $64,000.00. Following the purchase, the chief executive officer directly owned 50,000 shares of the company’s stock, valued at approximately $64,000. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders acquired 184,905 shares of company stock worth $251,284. Company insiders own 3.00% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in enCore Energy by 5.7% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,798,779 shares of the company’s stock valued at $34,846,000 after acquiring an additional 582,974 shares during the period. Azarias Capital Management L.P. boosted its position in enCore Energy by 22.6% during the first quarter. Azarias Capital Management L.P. now owns 5,067,708 shares of the company’s stock worth $9,122,000 after purchasing an additional 934,857 shares during the period. Vident Advisory LLC boosted its position in enCore Energy by 3.8% during the third quarter. Vident Advisory LLC now owns 3,293,914 shares of the company’s stock worth $10,629,000 after purchasing an additional 121,152 shares during the period. Goehring & Rozencwajg Associates LLC increased its holdings in shares of enCore Energy by 19.3% in the first quarter. Goehring & Rozencwajg Associates LLC now owns 1,464,724 shares of the company’s stock valued at $2,637,000 after purchasing an additional 237,469 shares during the last quarter. Finally, Nomura Holdings Inc. acquired a new position in shares of enCore Energy in the third quarter valued at $4,590,000. 20.86% of the stock is owned by institutional investors and hedge funds.
enCore Energy Company Profile
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.
Read More
- Five stocks we like better than enCore Energy
- Moonshot to Money: Intuitive Machines Lands $600M Defense Win
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
Receive News & Ratings for enCore Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for enCore Energy and related companies with MarketBeat.com's FREE daily email newsletter.
