enCore Energy Corp. (EU) Stock

enCore Energy Corp. (EU) is a Materials stock trading at $1.23 (as of 2026-08-24), with a market capitalization of $238.97M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

enCore Energy Corp. engages in acquiring, exploring, and developing uranium resource properties in the United States. Its portfolio includes uranium project areas in New Mexico, Utah, South Dakota, and Wyoming, such as Crownpoint and Hosta Butte, Marquez-Juan Tafoya, Nose Rock, and other related properties.

Understand enCore Energy Corp.: how it makes money

enCore Energy Corp. acquires, explores, and develops uranium resource properties in the United States, and its operating metrics track uranium (U3O8) production and delivery into customer sales contracts.

The core profit driver is the margin on delivered U3O8, meaning the difference between the Average Sales Price per Pound of U3O8 Delivered into Sales Contracts and the U3O8 Extraction Costs per Pound, with results also affected by U3O8 Inventory on Hand and the ability to deliver from inventory versus extraction.

Business quality (Strong): The company is uranium-focused with clearly tracked operating metrics around production, deliveries, pricing, extraction costs, and inventory. However, the provided data does not include a clean segment revenue breakdown, and some pricing or cost KPI values are shown as 0.0, limiting how much can be concluded from the snapshot.

Bull case

  • Delivery-based operating visibility: Investors can directly track how much uranium is delivered into sales contracts through Uranium Pounds Delivered into Sales Contracts.
  • Ramping production shown in operating history: Average Daily U3O8 Production increased from April 2025 (1942.0) to May 2025 (2103.0) and June 2025 (2678.0), indicating potential operational momentum.

Bear case

  • Profit sensitivity to price and extraction cost: Operating profitability depends on delivered pricing versus extraction costs (Average Sales Price per Pound of U3O8 Delivered into Sales Contracts versus U3O8 Extraction Costs per Pound). Any adverse move in that spread would pressure results.
  • Timing and balance-sheet pressure from inventory: U3O8 Inventory on Hand (153956.0) suggests that future performance depends on how effectively inventory can be converted into delivered sales and at what realized prices and costs.
Valuation — source: SEC EDGAR (first-party)
Price$1.23
Market Cap$238.97M
Price / Book0.97
Price / Sales3.91
FCF Yield-21.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$43.16M
Net Margin-131.7%
Revenue Growth (YoY)-26.0%
EPS Growth (YoY)-11.8%
FCF Growth (YoY)-20.4%
Financial Health — source: SEC EDGAR
Altman Z-Score0.02 (distress)
Piotroski F-Score4/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Materials)25.9
Industry P/E (Metal Mining)26.9
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Insider Sells (12mo)11
Top Institutional HolderVAN ECK ASSOCIATES CORP ($25.15M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryMetal Mining
CEORobert J. Willette
CountryUS
IPO Date2011-01-12

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EU earnings history · EU institutional & insider holders · EU KPIs & operating metrics · EU financials · EU investor presentations & press releases · EU SEC filings · EU peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.