B. Riley Decreases Earnings Estimates for enCore Energy

enCore Energy Corp. (NASDAQ:EU) – Investment analysts at B. Riley decreased their FY2025 earnings estimates for enCore Energy in a research note issued to investors on Thursday, March 6th. B. Riley analyst M. Key now forecasts that the company will earn ($0.07) per share for the year, down from their previous forecast 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.

enCore Energy (NASDAQ:EU) last released its quarterly earnings results on Monday, March 3rd. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.07). The firm had revenue of $13.36 million for the quarter, compared to analyst estimates of $14.30 million.

Separately, HC Wainwright reaffirmed a “buy” rating and set a $7.00 price target on shares of enCore Energy in a research note on Tuesday, November 19th.

enCore Energy Stock Down 2.4 %

Shares of EU opened at $1.61 on Monday. The company’s fifty day moving average is $3.00 and its two-hundred day moving average is $3.48. enCore Energy has a fifty-two week low of $1.26 and a fifty-two week high of $5.05. The firm has a market cap of $299.74 million, a PE ratio of -5.75 and a beta of 0.38.

Insider Activity

In related news, Chairman William M. Sheriff sold 24,000 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $3.20, for a total transaction of $76,800.00. Following the transaction, the chairman now 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Institutional Investors Weigh In On enCore Energy

Several institutional investors and hedge funds have recently made changes to their positions in the company. Van ECK Associates Corp increased its stake in shares of enCore Energy by 79.8% in the 4th quarter. Van ECK Associates Corp now owns 4,378,073 shares of the company’s stock valued at $14,929,000 after acquiring an additional 1,943,731 shares during the last quarter. Yaupon Capital Management LP acquired a new stake in shares of enCore Energy in the 4th quarter valued at approximately $3,415,000. MMCAP International Inc. SPC boosted its holdings in shares of enCore Energy by 64.2% in the 4th quarter. MMCAP International Inc. SPC now owns 2,301,509 shares of the company’s stock valued at $7,848,000 after buying an additional 899,901 shares during the last quarter. AWM Investment Company Inc. lifted its holdings in enCore Energy by 118.1% during the 4th quarter. AWM Investment Company Inc. now owns 1,297,619 shares of the company’s stock valued at $4,425,000 after purchasing an additional 702,619 shares during the last quarter. Finally, Azarias Capital Management L.P. lifted its holdings in enCore Energy by 6.8% during the 4th quarter. Azarias Capital Management L.P. now owns 5,346,013 shares of the company’s stock valued at $18,230,000 after purchasing an additional 342,657 shares during the last quarter. Institutional investors and hedge funds 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.