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 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. In addition, it holds interest 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 holds a 100% interest in Dewey Burdock project comprises approximately 12,613 surface acres and 16,962 net mineral acres located in South Dakota; Gas Hills project consists of approximately 1,280 surface acres and 12,960 net mineral acres of unpatented lode mining claims located in Wyoming; and West Largo project consist of approximately 3,840 acres located in McKinley County, New Mexico. Additionally, it holds a 100% interest in Ambrosia Lake - Treeline property consists of deeded mineral rights totaling 24,555 acres and unpatented mining claims covering approximately 1,700 acres; and Checkerboard mineral rights covering a land position of approximately 300,000 acres located in the Grants Uranium District. The company was formerly known as Wolfpack Gold Corp. and changed its name to enCore Energy Corp. in August 2014. enCore Energy Corp. is headquartered in Corpus Christi, Texas.

Key Stats

• Today's Range: $3.22 to $3.34
• 50-Day Range: $3.21 to $4.40
• 52-Week Range: $3.02 to $5.05
• Volume: 2.62 million shs
• Average Volume: 1.23 million shs
• Market Capitalization: $608.60 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.50
• Consensus Rating: Buy

enCore Energy Stock Analysis - MarketRank™

enCore Energy scored higher than 58% of companies evaluated by MarketBeat, and ranked 110th out of 193 stocks in the basic materials sector. 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 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for enCore Energy are expected to grow in the coming year, from ($0.20) to $0.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of enCore Energy is -11.68, 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 -11.68, 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 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.39% of the float of enCore Energy has been sold short.

Short Interest Ratio / Days to Cover

enCore Energy has a short interest ratio ("days to cover") of 6.5.

Change versus previous month

Short interest in enCore Energy has recently decreased by 5.98%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

enCore Energy does not currently pay a dividend.

Dividend Growth

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

Dividend Sustainability

Based on EPS estimates, enCore Energy will have a dividend payout ratio of 425.45% in the coming year. This indicates that enCore Energy may not be able to sustain their current dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

4.39% of the float of enCore Energy has been sold short.

Short Interest Ratio / Days to Cover

enCore Energy has a short interest ratio ("days to cover") of 6.5.

Change versus previous month

Short interest in enCore Energy has recently decreased by 5.98%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.30

News Sentiment

enCore Energy has a news sentiment score of 1.30. 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 0.47 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for enCore Energy this week, compared to 2 articles on an average week.

Search Interest

Only 4 people have searched for EU on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

11 people have added enCore Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 267% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, enCore Energy insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 20.86% of the stock of enCore Energy is held by institutions.

EU Stock Analysis - Frequently Asked Questions

How have EU shares performed this year?

enCore Energy's stock was trading at $4.45 on January 1st, 2024. Since then, EU stock has decreased by 26.5% and is now trading at $3.27.
View the best growth stocks for 2024 here.

Who are enCore Energy's major shareholders?

enCore Energy's top institutional shareholders include State Street Corp (1.66%), Van ECK Associates Corp (1.31%), Geode Capital Management LLC (1.18%) and Charles Schwab Investment Management Inc. (0.24%).

How do I buy shares of enCore Energy?

Shares of EU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Today: 12/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Miscellaneous metal ores
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NASDAQ:EU
• Previous Symbol: NASDAQ:EU
• CUSIP: N/A
• CIK: 1500881
• 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: $6.50
• High Stock Price Target: $7.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +98.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.28)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-22,390,000.00
• Net Margins: N/A
• Pretax Margin: -107.16%
• Return on Equity: -12.37%
• Return on Assets: -11.24%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.85
• Quick Ratio: 2.53

Sales & Book Value

• Annual Sales: $44.97 million
• Price / Sales: 13.53
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.74 per share
• Price / Book: 1.88

Miscellaneous

• Outstanding Shares: 186,115,000
• Free Float: N/A
• Market Cap: $608.60 million
• Optionable: N/A
• Beta: -0.04