HC Wainwright Boosts Earnings Estimates for enCore Energy

enCore Energy Corp. (CVE:EU) – Equities research analysts at HC Wainwright boosted their FY2025 EPS estimates for enCore Energy in a research report issued to clients and investors on Tuesday, November 11th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of ($0.35) per share for the year, up from their prior estimate of ($0.36). HC Wainwright also issued estimates for enCore Energy’s FY2026 earnings at ($0.15) EPS.

Separately, Haywood Securities upgraded shares of enCore Energy to a “strong-buy” rating in a research report on Friday, August 29th. Two research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Strong Buy”.

enCore Energy Price Performance

Shares of CVE:EU opened at C$3.76 on Thursday. The company has a market capitalization of C$703.65 million, a P/E ratio of -11.06 and a beta of 1.38. enCore Energy has a 1 year low of C$1.47 and a 1 year high of C$5.88. The business’s 50 day simple moving average is C$4.11 and its 200 day simple moving average is C$3.53.

Insider Activity at enCore Energy

In related news, Director Dennis Eugene Stover sold 20,000 shares of the stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of C$4.64, for a total value of C$92,800.00. Following the completion of the transaction, the director owned 488,500 shares of the company’s stock, valued at C$2,266,640. This represents a 3.93% decrease in their position. Also, Director William Harris sold 76,521 shares of the business’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of C$4.70, for a total transaction of C$359,648.70. Following the sale, the director directly owned 280,000 shares in the company, valued at approximately C$1,316,000. The trade was a 21.46% decrease in their position. In the last three months, insiders sold 100,000 shares of company stock valued at $468,835. 2.12% of the stock is owned by 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 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.