Should I buy or sell enCore Energy stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for enCore Energy in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EU shares. View EU analyst ratings or view top-rated stocks .

What is enCore Energy's stock price target for 2024?

1 Wall Street analysts have issued twelve-month price targets for enCore Energy's shares. Their EU share price targets range from $6.00 to $6.00. On average, they predict the company's share price to reach $6.00 in the next year. This suggests a possible upside of 46.0% from the stock's current price. View analysts price targets for EU or view top-rated stocks among Wall Street analysts .

How have EU shares performed in 2024?

enCore Energy's stock was trading at $4.45 on January 1st, 2024. Since then, EU stock has decreased by 7.6% and is now trading at $4.11. View the best growth stocks for 2024 here .

Are investors shorting enCore Energy?

enCore Energy saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 4,450,000 shares, an increase of 8.8% from the March 15th total of 4,090,000 shares. Based on an average trading volume of 1,330,000 shares, the short-interest ratio is presently 3.3 days. Approximately 2.7% of the shares of the company are short sold. View enCore Energy's Short Interest .

When is enCore Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our EU earnings forecast .

How were enCore Energy's earnings last quarter?

enCore Energy Corp. (NASDAQ:EU) issued its quarterly earnings data on Thursday, March, 28th. The company reported ($0.09) earnings per share for the quarter.

Who are enCore Energy's major shareholders?

enCore Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Wealth Enhancement Advisory Services LLC (0.07%).

How do I buy shares of enCore Energy?

Shares of EU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:EU

enCore Energy (EU) Stock Price, News & Analysis

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Free EU Stock Alerts

$4.11

-0.04 (-0.96%)

(As of 04/18/2024 ET)

Compare

Today's Range: $4.10
▼
$4.20
50-Day Range: $3.78
▼
$4.78
52-Week Range: $1.76
▼
$4.98

Volume: 571,787 shs
Average Volume: 1.30 million shs
Market Capitalization: $745.31 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.00

Get enCore Energy alerts:

enCore Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 46.0% Upside
$6.00 Price Target
Short Interest: Healthy
2.69% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.07
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 141.18%
From $0.17 to $0.41 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.68 out of 5 stars

Basic Materials Sector

92nd out of 174 stocks

Miscellaneous Metal Ores Industry

2nd out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
enCore Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
enCore Energy has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.69% of the float of enCore Energy has been sold short.
Short Interest Ratio / Days to Cover
enCore Energy has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in enCore Energy has recently increased by 8.80%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
enCore Energy does not currently pay a dividend.
Dividend Growth
enCore Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EU.

2.8

News and Social Media Coverage

News Sentiment
enCore Energy has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for enCore Energy this week, compared to 2 articles on an average week.
Search Interest
10 people have searched for EU on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added enCore Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, enCore Energy insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 20.86% of the stock of enCore Energy is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for enCore Energy are expected to grow by 141.18% in the coming year, from $0.17 to $0.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of enCore Energy is -25.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of enCore Energy is -25.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
enCore Energy has a P/B Ratio of 2.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About enCore Energy Stock (NASDAQ:EU)

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. In addition, it holds interest in the White Canyon District and Utah property package, including the Geitus, Blue Jay, Marcy Look, and Cedar Mountain projects located to the northwest of the White Mesa Mill at Blanding County, Utah. Further, the company holds a 100% interest in Dewey Burdock project comprises approximately 12,613 surface acres and 16,962 net mineral acres located in South Dakota; Gas Hills project consists of approximately 1,280 surface acres and 12,960 net mineral acres of unpatented lode mining claims located in Wyoming; and West Largo project consist of approximately 3,840 acres located in McKinley County, New Mexico. Additionally, it holds a 100% interest in Ambrosia Lake - Treeline property consists of deeded mineral rights totaling 24,555 acres and unpatented mining claims covering approximately 1,700 acres; and Checkerboard mineral rights covering a land position of approximately 300,000 acres located in the Grants Uranium District. The company was formerly known as Wolfpack Gold Corp. and changed its name to enCore Energy Corp. in August 2014. enCore Energy Corp. is headquartered in Corpus Christi, Texas.

EU Stock Price History

30 days | 90 days | 365 days | Advanced Chart

EU Stock News Headlines

April 4, 2024 | prnewswire.com

enCore Energy Provides Q1/24 ATM Sales Update; Suspends ATM Program

March 25, 2024 | finance.yahoo.com

enCore Energy Corp. (EU)

April 18, 2024 | DTI (Ad)

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March 22, 2024 | finance.yahoo.com

enCore Energy To Ring Nasdaq Opening Bell & Host First Annual Investor Day; Celebrates as the Newest Uranium Producer in the United States

March 12, 2024 | prnewswire.com

enCore Energy To Host First Investor Day on March 25, 2024

March 11, 2024 | finance.yahoo.com

EU Mar 2024 2.500 put

March 5, 2024 | msn.com

enCore Energy announces first uranium shipment from Rosita plant

March 5, 2024 | prnewswire.com

enCore Energy Announces First Shipment and Delivery of Uranium; Continues to Address Critical Shortage of Domestic Uranium Supply to Fuel Nuclear Energy

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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February 26, 2024 | finanznachrichten.de

enCore Energy Corp.: enCore Energy Completes US$70 Million Transaction with Boss Energy

February 26, 2024 | prnewswire.com

enCore Energy Completes US$70 Million Transaction with Boss Energy

February 20, 2024 | theglobeandmail.com

Closing Bell: Encore Energy Corp down on Friday (EU)

February 15, 2024 | msn.com

enCore energy appoints Shona Wilson as Chief Financial Officer

February 15, 2024 | finanznachrichten.de

enCore Energy Corp.: enCore Energy Appoints Chief Financial Officer

February 15, 2024 | finance.yahoo.com

enCore Energy Appoints Chief Financial Officer

February 15, 2024 | prnewswire.com

enCore Energy Appoints Chief Financial Officer

February 13, 2024 | morningstar.com

enCore Energy Corp EU

February 6, 2024 | finance.yahoo.com

Loss-Making enCore Energy Corp. (CVE:EU) Set To Breakeven

See More Headlines

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Company Calendar

Last Earnings: 3/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Basic Materials
Industry: Miscellaneous metal ores
Sub-Industry: N/A
Current Symbol: NASDAQ:EU
Previous Symbol: NASDAQ:EU
CUSIP: N/A
CIK: 1500881
Web: www.encoreuranium.com
Phone: 361-239-5449
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $6.00
High Stock Price Target: $6.00
Low Stock Price Target: $6.00
Potential Upside/Downside: +46.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.16)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 24.18
P/E Growth: N/A
Net Income: $-22,390,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -8.22%
Return on Assets: -6.71%

Debt

Debt-to-Equity Ratio: 0.07
Current Ratio: 4.04
Quick Ratio: 4.03

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.74 per share
Price / Book: 2.36

Miscellaneous

Outstanding Shares: 181,340,000
Free Float: N/A
Market Cap: $745.31 million
Optionable: N/A
Beta: -0.03

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Key Executives

Mr. William Morris Sheriff M.Sc. (Age 65)
Executive Chairman
Comp: $418.05k
Mr. William Paul Goranson B.Sc. (Age 62)
M.Sc., P.E., CEO & Director
Comp: $368.96k
Mr. Peter Joseph Luthiger
Chief Operating Officer
Dr. Dennis E. Stover B.A. (Age 80)
B.Sc., M.Sc., Chief Technical Officer & Director
Comp: $89.75k
Ms. Shona Wilson
Chief Financial Officer
Mr. Robert J. Willette (Age 47)
Chief Legal Officer
Ms. Janet Lee-Sheriff BA (Age 61)
Chief Communications Officer
Dr. John M. Seeley CPG
Ph.D., Manager of Geology & Exploration

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

EU Stock Analysis - Frequently Asked Questions

Should I buy or sell enCore Energy stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for enCore Energy in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" EU shares.
View EU analyst ratings or view top-rated stocks.
What is enCore Energy's stock price target for 2024?: 1 Wall Street analysts have issued twelve-month price targets for enCore Energy's shares. Their EU share price targets range from $6.00 to $6.00. On average, they predict the company's share price to reach $6.00 in the next year. This suggests a possible upside of 46.0% from the stock's current price.
View analysts price targets for EU or view top-rated stocks among Wall Street analysts.
How have EU shares performed in 2024?: enCore Energy's stock was trading at $4.45 on January 1st, 2024. Since then, EU stock has decreased by 7.6% and is now trading at $4.11.
View the best growth stocks for 2024 here.
Are investors shorting enCore Energy?: enCore Energy saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 4,450,000 shares, an increase of 8.8% from the March 15th total of 4,090,000 shares. Based on an average trading volume of 1,330,000 shares, the short-interest ratio is presently 3.3 days. Approximately 2.7% of the shares of the company are short sold.
View enCore Energy's Short Interest.

When is enCore Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our EU earnings forecast.
How were enCore Energy's earnings last quarter?: enCore Energy Corp. (NASDAQ:EU) issued its quarterly earnings data on Thursday, March, 28th. The company reported ($0.09) earnings per share for the quarter.
Who are enCore Energy's major shareholders?: enCore Energy's stock is owned by a number of retail and institutional investors. Top institutional investors include Wealth Enhancement Advisory Services LLC (0.07%).
How do I buy shares of enCore Energy?: Shares of EU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EU) was last updated on 4/18/2024 by MarketBeat.com Staff

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