FY2025 EPS Estimates for enCore Energy Reduced by B. Riley

enCore Energy Corp. (NASDAQ:EU - Free Report) - Equities research analysts at B. Riley cut their FY2025 earnings per share estimates for shares of enCore Energy in a report released on Thursday, March 6th. B. Riley analyst M. Key now anticipates that the company will earn ($0.07) per share for the year, down from their prior estimate of $0.16. 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 $0.13 EPS, FY2027 earnings at $0.48 EPS and FY2028 earnings at $0.72 EPS.

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

enCore Energy Stock Down 1.1 %

EU stock traded down $0.02 during mid-day trading on Monday, reaching $1.40. 1,935,967 shares of the company traded hands, compared to its average volume of 2,223,478. The stock has a market cap of $259.83 million, a price-to-earnings ratio of -4.98 and a beta of 0.38. enCore Energy has a fifty-two week low of $1.26 and a fifty-two week high of $5.05. The firm's 50 day moving average price is $2.88 and its 200 day moving average price is $3.43.

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

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Insiders Place Their Bets

In related news, Chairman William M. Sheriff sold 24,000 shares of the business's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $3.20, for a total value 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. The trade was a 1.12 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Trading of enCore Energy

Several hedge funds have recently added to or reduced their stakes in the stock. AWM Investment Company Inc. boosted 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 position in shares of enCore Energy by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 51,134 shares of the company's stock valued at $174,000 after purchasing an additional 16,823 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of enCore Energy by 1.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,702,287 shares of the company's stock worth $42,839,000 after acquiring an additional 165,082 shares in the last quarter. Deutsche Bank AG boosted its stake in shares of enCore Energy by 57.6% in the 4th quarter. Deutsche Bank AG now owns 155,897 shares of the company's stock valued at $532,000 after purchasing an additional 56,957 shares in the last quarter. Finally, Eagle Global Advisors LLC bought a new position in shares of enCore Energy during the 4th quarter valued at $157,000. Institutional investors own 20.86% of the company's stock.

About enCore Energy

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.