enCore Energy Corp. $EU Stock Position Cut by Azarias Capital Management L.P.

Posted by Francis Steltz on Oct 14th, 2026

Azarias Capital Management L.P. trimmed its position in enCore Energy Corp. (NASDAQ:EU – Free Report) by 47.5% during the third quarter, HoldingsChannel.com reports. The firm owned 2,148,481 shares of the company’s stock after selling 1,943,413 shares during the quarter. enCore Energy accounts for approximately 2.2% of Azarias Capital Management L.P.’s investment portfolio, making the stock its 17th biggest holding. Azarias Capital Management L.P.’s holdings in enCore Energy were worth $2,320,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of EU. Brookstone Capital Management bought a new position in shares of enCore Energy during the 1st quarter worth approximately $26,000. Krilogy Financial LLC acquired a new stake in shares of enCore Energy in the first quarter valued at about $36,000. Sanctuary Advisors LLC boosted its position in enCore Energy by 37.7% during the first quarter. Sanctuary Advisors LLC now owns 24,138 shares of the company’s stock valued at $43,000 after purchasing an additional 6,608 shares during the last quarter. Royal Bank of Canada raised its stake in shares of enCore Energy by 154.5% during the 1st quarter. Royal Bank of Canada now owns 31,744 shares of the company’s stock worth $57,000 after purchasing an additional 19,269 shares in the last quarter. Finally, Rathbones Group PLC bought a new stake in shares of enCore Energy during the 1st quarter worth approximately $63,000. Institutional investors own 20.86% of the company’s stock.

Analyst Ratings Changes

EU has been the subject of several analyst reports. Wall Street Zen cut shares of enCore Energy from a “hold” rating to a “strong sell” rating in a research note on Saturday, September 26th. Weiss Ratings cut shares of enCore Energy from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, September 14th. Zacks Research upgraded shares of enCore Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Jefferies Financial Group initiated coverage on shares of enCore Energy in a research report on Thursday, September 3rd. They issued a “buy” rating and a $1.44 price objective for the company. Finally, HC Wainwright lowered their price objective on shares of enCore Energy from $3.75 to $3.50 and set a “buy” rating on the stock in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $2.90.

Read Our Latest Report on enCore Energy

enCore Energy Stock Performance

NASDAQ:EU traded down $0.06 on Wednesday, hitting $0.85. The company’s stock had a trading volume of 3,801,479 shares, compared to its average volume of 3,712,472. The company has a current ratio of 8.00, a quick ratio of 6.84 and a debt-to-equity ratio of 0.45. The stock has a fifty day moving average of $1.15 and a two-hundred day moving average of $1.41. The firm has a market capitalization of $164.75 million, a P/E ratio of -2.57 and a beta of 2.16. enCore Energy Corp. has a one year low of $0.77 and a one year high of $4.18.

enCore Energy (NASDAQ:EU – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.11). enCore Energy had a negative return on equity of 28.00% and a negative net margin of 112.82%. The business had revenue of $15.70 million for the quarter. Research analysts predict that enCore Energy Corp. will post -0.41 earnings per share for the current year.

Insider Transactions at enCore Energy

In other enCore Energy news, Director Susan Hoxie-Key sold 30,648 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $0.94, for a total transaction of $28,809.12. Following the completion of the sale, the director directly owned 60,918 shares in the company, valued at $57,262.92. This trade represents a 33.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman William M. Sheriff acquired 100,000 shares of the business’s stock in a transaction on Monday, September 14th. The shares were bought at an average price of $0.84 per share, with a total value of $84,000.00. Following the completion of the transaction, the chairman directly owned 1,512,169 shares of the company’s stock, valued at approximately $1,270,221.96. The trade was a 7.08% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders purchased 310,000 shares of company stock worth $262,100. 3.00% of the stock is owned by company insiders.

enCore Energy Profile

(Free Report)

enCore Energy Corp. is a uranium company focused on the exploration, development and production of uranium in the United States. The company uses in-situ recovery (ISR), a method that extracts uranium from underground deposits by circulating a solution through the host formation and processing the recovered material at licensed facilities.

enCore’s portfolio is concentrated in South Texas and includes the Rosita and Alta Mesa uranium processing facilities, along with associated well fields, mineral rights and development projects.