enCore Energy (EU) Stock Price, News & Analysis

Company Overview

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in the Crownpoint and Hosta Butte uranium project that covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also has interests in the Marquez-Juan Tafoya property, which consists of 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project that covers 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico. In addition, it holds interests in the White Canyon District and Utah property package, including the Geitus, Blue Jay, Marcy Look, and Cedar Mountain projects located to the northwest of the White Mesa Mill at Blanding County, Utah. Further, the company has a 100% interest in the Dewey Burdock project that comprises approximately 12,613 surface acres and 16,962 net mineral acres located in South Dakota; the Gas Hills project, which consists of approximately 1,280 surface acres and 12,960 net mineral acres of unpatented lode mining claims located in Wyoming; and the West Largo project that consist of approximately 3,840 acres located in McKinley County, New Mexico. Additionally, it holds a 100% interest in the Ambrosia Lake - Treeline property that consists of deeded mineral rights totaling 24,555 acres and unpatented mining claims covering approximately 1,700 acres; and the Checkerboard mineral rights covering a land position of approximately 300,000 acres located in the Grants Uranium District. The company is headquartered in Corpus Christi, Texas.

Key Stats

• Today's Range: C$4.92 to C$5.23
• 50-Day Range: C$4.22 to C$6.06
• 52-Week Range: C$4.10 to C$6.91
• Volume: 139,802 shs
• Average Volume: 208,355 shs
• Market Capitalization: C$953.21 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$7.75
• Consensus Rating: Buy

enCore Energy Stock Analysis - MarketRank™

enCore Energy scored higher than 52% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

Consensus Rating

enCore Energy has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

enCore Energy has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of enCore Energy is -28.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of enCore Energy is -28.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

enCore Energy has a P/B Ratio of 2.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for EU.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

enCore Energy does not currently pay a dividend.

Dividend Growth

enCore Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for EU.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.06

News Sentiment

enCore Energy has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for enCore Energy this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for EU on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, enCore Energy insiders have sold 1,029.27% more of their company's stock than they have bought. Specifically, they have bought C$3,365.00 in company stock and sold C$38,000.00 in company stock.

Percentage Held by Insiders

Only 2.12% of the stock of enCore Energy is held by insiders.

Percentage Held by Institutions

40.94% of the stock of enCore Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EU Stock Analysis - Frequently Asked Questions

How have EU shares performed this year?

enCore Energy's stock was trading at C$5.59 at the beginning of 2024. Since then, EU shares have decreased by 9.8% and is now trading at C$5.04.
View the best growth stocks for 2024 here.

How were enCore Energy's earnings last quarter?

enCore Energy Corp. (CVE:EU) posted its earnings results on Wednesday, August, 14th. The company reported ($0.07) earnings per share for the quarter. The company earned $7.28 million during the quarter. enCore Energy had a negative net margin of 58.43% and a negative trailing twelve-month return on equity of 6.92%.

How do I buy shares of enCore Energy?

Shares of EU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of enCore Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that enCore Energy investors own include Ballard Power Systems (BLDP), MDxHealth (MDXH), Skye Bioscience (SKYE), Skye Bioscience (SKYE), Cabaletta Bio (CABA), Biomea Fusion (BMEA) and Blade Air Mobility (BLDE).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 11/04/2024
• Next Earnings (Estimated): 11/11/2024

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Energy
• Industry: Uranium
• Sub-Industry: N/A
• Current Symbol: CVE:EU
• CUSIP: N/A
• CIK: N/A
• Web: www.encoreuranium.com
• Phone: (361) 239-5449
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$7.75
• High Stock Price Target: C$8.50
• Low Stock Price Target: C$7.00
• Potential Upside/Downside: +53.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-20,870,000.00
• Net Margins: -58.43%
• Pretax Margin: N/A
• Return on Equity: -6.92%
• Return on Assets: -6.48%

Debt

• Debt-to-Equity Ratio: 5.43
• Current Ratio: 4.68
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$35.71 million
• Price / Sales: 26.07
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$1.90 per share
• Price / Book: 2.65

Miscellaneous

• Outstanding Shares: 184,730,000
• Free Float: N/A
• Market Cap: C$931.04 million
• Optionable: N/A
• Beta: 1.20