
enCore Energy Corp. (NASDAQ:EU – Free Report) – Analysts at HC Wainwright issued their FY2026 earnings estimates for enCore Energy in a report released on Friday, May 15th. HC Wainwright analyst H. Ihle anticipates that the company will earn ($0.19) per share for the year. HC Wainwright currently has a “Buy” rating and a $3.75 target price on the stock. The consensus estimate for enCore Energy’s current full-year earnings is ($0.21) per share.
A number of other analysts have also weighed in on the stock. Northland Securities set a $3.75 price objective on shares of enCore Energy in a research note on Monday. Wall Street Zen upgraded shares of enCore Energy from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of enCore Energy in a research report on Monday, April 20th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $3.83.
enCore Energy Stock Down 3.9%
NASDAQ:EU opened at $1.46 on Tuesday. The firm has a market capitalization of $283.56 million, a P/E ratio of -9.73 and a beta of 2.18. enCore Energy has a 1-year low of $1.45 and a 1-year high of $4.19. The company’s fifty day moving average price is $1.87 and its 200-day moving average price is $2.44. The company has a debt-to-equity ratio of 0.39, a current ratio of 11.08 and a quick ratio of 10.25.
enCore Energy (NASDAQ:EU – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). The business had revenue of $18.30 million during the quarter, compared to analyst estimates of $9.30 million. enCore Energy had a negative return on equity of 21.98% and a negative net margin of 62.96%.
Institutional Trading of enCore Energy
Several hedge funds and other institutional investors have recently added to or reduced their stakes in EU. Van ECK Associates Corp grew its position in enCore Energy by 76.7% during the third quarter. Van ECK Associates Corp now owns 15,972,156 shares of the company’s stock valued at $51,271,000 after buying an additional 6,933,454 shares during the period. Nomura Holdings Inc. acquired a new stake in enCore Energy during the third quarter valued at $4,590,000. Two Sigma Investments LP acquired a new stake in enCore Energy during the third quarter valued at $3,804,000. GeoSphere Capital Management LLC lifted its holdings in enCore Energy by 333.3% during the fourth quarter. GeoSphere Capital Management LLC now owns 1,300,000 shares of the company’s stock valued at $3,224,000 after purchasing an additional 1,000,000 shares in the last quarter. Finally, Pacer Advisors Inc. purchased a new position in enCore Energy during the fourth quarter valued at $2,379,000. Institutional investors and hedge funds own 20.86% of the company’s stock.
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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