B. Riley Predicts enCore Energy FY2025 Earnings

enCore Energy Corp. (NASDAQ:EU) – B. Riley issued their FY2025 earnings per share (EPS) estimates for enCore Energy in a note issued to investors on Tuesday, November 18th. B. Riley analyst N. Giles forecasts that the company will post earnings per share of ($0.08) for the year. B. Riley has a “Buy” rating and a $4.00 price objective on the stock. The consensus estimate for enCore Energy’s current full-year earnings is ($0.20) per share. B. Riley also issued estimates for enCore Energy’s FY2026 earnings at $0.00 EPS.

enCore Energy (NASDAQ:EU) last released its earnings results on Monday, November 10th. The company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of $8.88 million for the quarter. enCore Energy had a negative return on equity of 19.83% and a negative net margin of 118.78%.

Several other equities analysts also recently commented on EU. Weiss Ratings reissued a “sell (d-)” rating on shares of enCore Energy in a report on Wednesday, October 8th. HC Wainwright lifted their price target on shares of enCore Energy from $2.75 to $4.00 and gave the company a “buy” rating in a report on Tuesday, August 12th. Zacks Research upgraded shares of enCore Energy to a “hold” rating in a research note on Tuesday, August 12th. Finally, Wall Street Zen upgraded enCore Energy from a “sell” rating to a “hold” rating in a research report on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $4.00.

enCore Energy Trading Up 5.6%

EU stock opened at $2.63 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 13.64 and a quick ratio of 12.48. enCore Energy has a 1-year low of $1.01 and a 1-year high of $4.18. The business has a 50 day simple moving average of $2.98 and a two-hundred day simple moving average of $2.60. The company has a market capitalization of $492.47 million, a price-to-earnings ratio of -9.39 and a beta of 1.97.

Insider Buying and Selling

In related news, Director William B. Harris sold 80,000 shares of the firm’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $3.41, for a total value of $272,800.00. Following the completion of the sale, the director directly owned 280,001 shares in the company, valued at $954,803.41. This trade represents a 22.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dennis Stover sold 20,000 shares of the business’s stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $3.54, for a total transaction of $70,800.00. Following the transaction, the director owned 468,500 shares in the company, valued at $1,658,490. This trade represents a 4.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 120,000 shares of company stock worth $410,200. Company insiders own 3.90% of the company’s stock.

Hedge Funds Weigh In On enCore Energy

Hedge funds have recently added to or reduced their stakes in the company. Arlington Capital Management Inc. grew its stake in shares of enCore Energy by 20.0% during the first quarter. Arlington Capital Management Inc. now owns 219,462 shares of the company’s stock valued at $301,000 after buying an additional 36,572 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in enCore Energy by 64.7% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,000 shares of the company’s stock worth $27,000 after purchasing an additional 7,461 shares during the period. XTX Topco Ltd boosted its stake in shares of enCore Energy by 325.2% during the first quarter. XTX Topco Ltd now owns 129,683 shares of the company’s stock valued at $178,000 after purchasing an additional 99,183 shares during the period. National Bank of Canada FI grew its holdings in shares of enCore Energy by 10.3% in the first quarter. National Bank of Canada FI now owns 228,141 shares of the company’s stock worth $303,000 after purchasing an additional 21,226 shares during the last quarter. Finally, MMCAP International Inc. SPC lifted its holdings in enCore Energy by 66.0% during the 1st quarter. MMCAP International Inc. SPC now owns 3,819,501 shares of the company’s stock valued at $5,232,000 after buying an additional 1,517,992 shares in the last quarter. 20.86% of the stock is currently owned by 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.