FY2025 EPS Estimates for enCore Energy Decreased by B. Riley

enCore Energy Corp. (NASDAQ:EU) – B. Riley reduced their FY2025 EPS estimates for enCore Energy in a research report issued to clients and investors on Thursday, March 6th. B. Riley analyst M. Key now anticipates that the company will earn ($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 issued its earnings results on Monday, March 3rd. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.07). The business had revenue of $13.36 million for the quarter, compared to the consensus estimate of $14.30 million.

Separately, HC Wainwright reiterated 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 %

Shares of EU opened at $1.51 on Monday. The firm’s 50-day moving average is $2.96 and its two-hundred day moving average is $3.46. enCore Energy has a twelve month low of $1.26 and a twelve month high of $5.05. The firm has a market capitalization of $280.32 million, a P/E ratio of -5.37 and a beta of 0.38.

Insider Activity

In related news, Chairman William M. Sheriff sold 24,000 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $3.20, for a total transaction of $76,800.00. Following the transaction, the chairman now 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 SEC, which is available at the SEC website.

Hedge Funds Weigh In On enCore Energy

A number of hedge funds have recently made changes to their positions in the stock. AWM Investment Company Inc. boosted its holdings in shares of enCore Energy by 118.1% in the 4th 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 last quarter. ProShare Advisors LLC boosted its holdings in shares of enCore Energy by 49.0% in the 4th 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of enCore Energy by 1.3% in the 4th 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 last quarter. Deutsche Bank AG boosted its holdings in shares of enCore Energy by 57.6% in the 4th 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 last quarter. Finally, Eagle Global Advisors LLC acquired a new position in shares of enCore Energy in the 4th quarter valued at $157,000. Institutional investors and hedge funds 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.