B. Riley Comments on enCore Energy’s Q1 Earnings (NASDAQ:EU)

enCore Energy Corp. (NASDAQ:EU) – Equities researchers at B. Riley issued their Q1 2025 earnings estimates for shares of enCore Energy in a research report issued on Thursday, March 6th. B. Riley analyst M. Key expects that the company will earn ($0.02) per share for the quarter. 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 Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at ($0.02) EPS and Q4 2025 earnings at $0.00 EPS.

Separately, HC Wainwright reissued a “buy” rating and issued a $7.00 price objective on shares of enCore Energy in a research report on Tuesday, November 19th.

enCore Energy Price Performance

NASDAQ:EU opened at $1.65 on Friday. The firm has a 50-day moving average of $3.07 and a two-hundred day moving average of $3.50. The stock has a market cap of $307.18 million, a P/E ratio of -5.89 and a beta of 0.38. enCore Energy has a 1-year low of $1.26 and a 1-year high of $5.05.

enCore Energy (NASDAQ:EU) last announced its quarterly earnings results on Monday, March 3rd. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.07). The company had revenue of $13.36 million for the quarter, compared to analysts’ expectations of $14.30 million.

Insider Buying and Selling at enCore Energy

In other news, Director William M. Sheriff sold 24,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $3.55, for a total transaction of $85,200.00. Following the transaction, the director now owns 2,144,055 shares of the company’s stock, valued at approximately $7,611,395.25. This trade represents a 1.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Hedge Funds Weigh In On enCore Energy

Several large investors have recently modified their holdings of the stock. AWM Investment Company Inc. increased its stake 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 purchasing an additional 702,619 shares during the period. ProShare Advisors LLC increased its stake in shares of enCore Energy by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 51,134 shares of the company’s stock valued at $174,000 after purchasing 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% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,702,287 shares of the company’s stock valued at $42,839,000 after purchasing an additional 165,082 shares during the period. Deutsche Bank AG increased its stake in shares of enCore Energy by 57.6% in the fourth quarter. Deutsche Bank AG now owns 155,897 shares of the company’s stock valued at $532,000 after purchasing an additional 56,957 shares during the period. Finally, Eagle Global Advisors LLC acquired a new stake in shares of enCore Energy in the fourth quarter valued at approximately $157,000. Institutional investors 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.