FY2025 EPS Estimates for enCore Energy Decreased by B. Riley

enCore Energy Corp. (NASDAQ:EU) – Research analysts at B. Riley cut their FY2025 earnings estimates for shares of enCore Energy in a note issued to investors on Thursday, March 6th. B. Riley analyst M. Key now anticipates that the company will post earnings of ($0.07) per share for the year, down from their previous 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.

enCore Energy (NASDAQ:EU) last released its quarterly earnings data on Monday, March 3rd. The company reported ($0.09) earnings per share (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 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 Trading Up 4.2 %

enCore Energy stock opened at $1.51 on Monday. The stock has a market cap of $280.32 million, a P/E ratio of -5.37 and a beta of 0.38. The company has a fifty day simple moving average of $2.96 and a 200-day simple moving average of $3.46. enCore Energy has a 12-month low of $1.26 and a 12-month high of $5.05.

Institutional Investors Weigh In On enCore Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the business. AWM Investment Company Inc. raised its holdings in shares of enCore Energy by 118.1% in the fourth quarter. AWM Investment Company Inc. now owns 1,297,619 shares of the company’s stock valued at $4,425,000 after buying an additional 702,619 shares during the last quarter. ProShare Advisors LLC increased its stake in shares of enCore Energy by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 51,134 shares of the company’s stock worth $174,000 after acquiring an additional 16,823 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased 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 during the period. Deutsche Bank AG increased its stake in shares of enCore Energy by 57.6% during the fourth quarter. Deutsche Bank AG now owns 155,897 shares of the company’s stock worth $532,000 after acquiring an additional 56,957 shares during the period. Finally, Eagle Global Advisors LLC acquired a new position in shares of enCore Energy during the fourth quarter worth about $157,000. 20.86% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at enCore Energy

In other news, Chairman William M. Sheriff sold 24,000 shares of the company’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 completion of the sale, the chairman now directly owns 2,120,055 shares of the company’s stock, valued at approximately $6,784,176. This represents a 1.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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.