Q1 Earnings Estimate for enCore Energy Issued By B. Riley

enCore Energy Corp. (NASDAQ:EU - Free Report) - B. Riley issued their Q1 2025 earnings per share estimates for shares of enCore Energy in a report issued on Thursday, March 6th. B. Riley analyst M. Key anticipates that the company will earn ($0.02) per share for the quarter. 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 Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at ($0.02) EPS and Q4 2025 earnings at $0.00 EPS.

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

Separately, HC Wainwright reaffirmed a "buy" rating and issued a $7.00 price objective on shares of enCore Energy in a research note on Tuesday, November 19th.

enCore Energy Stock Up 4.2 %

Shares of enCore Energy stock traded up $0.06 during trading on Friday, hitting $1.51. 1,877,657 shares of the stock traded hands, compared to its average volume of 2,231,660. The stock has a market cap of $280.32 million, a price-to-earnings ratio of -5.37 and a beta of 0.38. The firm's fifty day moving average is $2.96 and its 200-day moving average is $3.46. enCore Energy has a 52 week low of $1.26 and a 52 week high of $5.05.

Remove Ads

Insiders Place Their Bets

In related news, Director William M. Sheriff sold 24,000 shares of enCore Energy stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $3.55, for a total value of $85,200.00. Following the sale, the director now owns 2,144,055 shares in the company, valued at $7,611,395.25. The trade was a 1.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Institutional Investors Weigh In On enCore Energy

Hedge funds have recently made changes to their positions in the company. Van ECK Associates Corp raised its stake in enCore Energy by 89.3% during the third quarter. Van ECK Associates Corp now owns 2,434,342 shares of the company's stock valued at $9,762,000 after buying an additional 1,148,056 shares during the last quarter. Intech Investment Management LLC purchased a new position in shares of enCore Energy in the 3rd quarter worth about $110,000. Charles Schwab Investment Management Inc. boosted its stake in enCore Energy by 3.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 437,297 shares of the company's stock worth $1,767,000 after purchasing an additional 15,740 shares in the last quarter. Verition Fund Management LLC bought a new stake in enCore Energy during the 3rd quarter valued at about $96,000. Finally, State Street Corp raised its holdings in enCore Energy by 3.5% in the third quarter. State Street Corp now owns 3,085,686 shares of the company's stock worth $12,466,000 after buying an additional 105,685 shares during 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.