FY2025 EPS Estimate for enCore Energy Decreased by Analyst

enCore Energy Corp. (NASDAQ:EU) – HC Wainwright decreased their FY2025 earnings per share (EPS) estimates for shares of enCore Energy in a report released on Tuesday, March 18th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.33) for the year, down from their previous forecast of $0.06. HC Wainwright has a “Buy” rating and a $2.75 price objective on the stock. The consensus estimate for enCore Energy’s current full-year earnings is ($0.20) per share.

enCore Energy (NASDAQ:EU) last issued its quarterly earnings results on Monday, March 3rd. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.07). The firm had revenue of $13.36 million during the quarter, compared to analysts’ expectations of $14.30 million.

enCore Energy Trading Up 5.8 %

Shares of EU opened at $1.64 on Thursday. The company has a market cap of $305.47 million, a PE ratio of -5.86 and a beta of 0.38. enCore Energy has a 12-month low of $1.26 and a 12-month high of $5.05. The stock has a 50-day moving average price of $2.68 and a 200-day moving average price of $3.36.

Insider Activity at enCore Energy

In related news, Chairman William M. Sheriff sold 24,000 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $3.20, for a total transaction of $76,800.00. Following the transaction, the chairman now directly owns 2,120,055 shares of the company’s stock, valued at approximately $6,784,176. This trade represents a 1.12 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Hedge Funds Weigh In On enCore Energy

A number of large investors have recently modified their holdings of the company. AWM Investment Company Inc. increased its stake in enCore Energy by 118.1% in the 4th quarter. AWM Investment Company Inc. now owns 1,297,619 shares of the company’s stock worth $4,425,000 after purchasing an additional 702,619 shares during the period. ProShare Advisors LLC increased its stake in enCore Energy by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 51,134 shares of the company’s stock worth $174,000 after purchasing an additional 16,823 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in enCore Energy by 1.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,702,287 shares of the company’s stock worth $42,839,000 after purchasing an additional 165,082 shares during the period. Deutsche Bank AG increased its stake in enCore Energy by 57.6% in the 4th quarter. Deutsche Bank AG now owns 155,897 shares of the company’s stock worth $532,000 after purchasing an additional 56,957 shares during the period. Finally, Eagle Global Advisors LLC purchased a new position in enCore Energy in the 4th quarter worth approximately $157,000. 20.86% of the stock is owned by hedge funds and other institutional investors.

enCore Energy Company Profile

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.