HC Wainwright Forecasts Higher Earnings for enCore Energy

enCore Energy Corp. (NASDAQ:EU) – Equities researchers at HC Wainwright lifted their FY2025 earnings per share estimates for shares of enCore Energy in a research report issued to clients and investors on Tuesday, November 11th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of ($0.25) per share for the year, up from their prior estimate of ($0.26). HC Wainwright has a “Buy” rating and a $4.00 price objective on the stock. The consensus estimate for enCore Energy’s current full-year earnings is ($0.20) per share. HC Wainwright also issued estimates for enCore Energy’s FY2026 earnings at ($0.11) EPS.

Several other research firms also recently commented on EU. Wall Street Zen upgraded enCore Energy from a “sell” rating to a “hold” rating in a report on Monday, September 22nd. Zacks Research raised enCore Energy to a “hold” rating in a research report on Tuesday, August 12th. B. Riley started coverage on shares of enCore Energy in a research note on Wednesday, July 23rd. They issued a “buy” rating and a $4.00 target price on the stock. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of enCore Energy in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, enCore Energy currently has an average rating of “Moderate Buy” and an average price target of $4.00.

enCore Energy Trading Down 0.9%

Shares of enCore Energy stock traded down $0.03 during trading on Thursday, reaching $2.67. The company’s stock had a trading volume of 317,394 shares, compared to its average volume of 3,100,199. The company has a quick ratio of 2.04, a current ratio of 13.64 and a debt-to-equity ratio of 0.39. enCore Energy has a 52-week low of $1.01 and a 52-week high of $4.18. The company has a market cap of $499.02 million, a price-to-earnings ratio of -9.50 and a beta of 1.97. The firm’s 50-day moving average is $2.96 and its two-hundred day moving average is $2.56.

enCore Energy (NASDAQ:EU) last issued its quarterly earnings results on Monday, November 10th. The company reported ($0.07) EPS for the quarter. enCore Energy had a negative net margin of 118.78% and a negative return on equity of 19.83%. The firm had revenue of $8.88 million for the quarter.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bogart Wealth LLC bought a new stake in enCore Energy during the 3rd quarter worth approximately $26,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of enCore Energy by 64.7% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,000 shares of the company’s stock valued at $27,000 after acquiring an additional 7,461 shares in the last quarter. Compound Planning Inc. purchased a new position in shares of enCore Energy in the 1st quarter worth about $27,000. Farther Finance Advisors LLC boosted its position in enCore Energy by 222.3% during the third quarter. Farther Finance Advisors LLC now owns 8,405 shares of the company’s stock valued at $27,000 after buying an additional 5,797 shares during the period. Finally, Ballentine Partners LLC purchased a new position in enCore Energy during the 2nd quarter valued at about $29,000. 20.86% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at enCore Energy

In other news, Director William B. Harris sold 80,000 shares of enCore Energy stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $3.41, for a total transaction of $272,800.00. Following the completion of the transaction, the director directly owned 280,001 shares in the company, valued at approximately $954,803.41. The trade was a 22.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dennis Stover sold 20,000 shares of the company’s stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $3.54, for a total transaction of $70,800.00. Following the completion of the transaction, the director owned 468,500 shares in the company, valued at $1,658,490. This trade represents a 4.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 120,000 shares of company stock worth $410,200. 3.90% of the stock is owned by company insiders.

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.