enCore Energy Corp.

EU Energy Uranium

enCore Energy Corp.’s revenue for fiscal 2025 (year ended December 2025) was $43.2 million, down 26.0% from fiscal 2024.

Revenue
+328.4%
EPS
−600.0%
Free cash flow
−57.0%
Total debt
+54,582.2%

Quarter to June 2026, against a year earlier

0.64 0.01 +1.59%
Market cap
$122.7M
P/E
0.0×
Fwd P/E
−1.9×
Dividend yield
—
F-score
4/9
Altman Z
0.79
Beneish M
−1.96
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.66
Sold, $m 0.33
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 1 3 — — 3 — —
Sell 2 2 1 — — — — — — — 1 —
Insider Ownership 2.35%

Capital & Financial Ratios $m

Size
Market Cap 122.71
Revenue ttm 55.25
Net income ttm (70.90)
Free cash flow ttm (63.75)
Net debt Q 36.43
Valuation
P/E 0.00
Forward P/E (1.87) (negative: loss-making)
Price / sales 2.25
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.51
Financial health
Current ratio Q 8.00 (at or above 1.5: strong)
Debt / equity Q 0.45 (at or below 0.5: strong)
Interest coverage Q (16.21)
Growth
Revenue growth Q +328.38% (above 0%: growing)
Operating income growth Q −53.01% (below 0%: shrinking)
EPS, this year −20.47% (below 0%: weak)
EPS, next year A +62.44% (at or above 15%: strong)
Revenue, next year A +57.72% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +67.82% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/B against its own 10 years 0.17%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 24 64 96 74
Receivables 1 3 9 11
Inventory 0 21 5 14
Other — — — —
25 87 110 99
2023 2024 2025 Q'26
Payables 4 10 13 12
ST’ Debt — — — —
Other — — — —
6 30 14 12

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 83.28% 6.31%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.03 (0.21) — — —
’25 (0.13) (0.03) (0.03) (0.12) (0.30)
’24 (0.04) (0.13) (0.10) (0.09) (0.34)
’23 (0.06) (0.06) 0.06 (0.13) (0.18)
’22 (0.04) (0.02) (0.05) (0.06) (0.16)
’21 — — — — (0.13)
’20 — — — — (0.01)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 18 16 — — —
’25 18 4 9 12 43
’24 30 5 9 13 58
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (21) (21) — — —
’25 (8) (10) (20) 13 (25)
’24 (3) (37) (5) 0 (45)
’23 34 1 0 (59) (23)
’22 (8) (3) (4) (54) (69)
’21 — — — (4) (4)
’20 — — — — (1)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (22) (22) — — —
’25 (13) (14) (26) 7 (46)
’24 (5) (39) (7) (6) (57)
’23 32 (60) 0 (109) (82)
’22 (10) (7) (7) (56) (80)
’21 — — — (7) (7)
’20 — — — — (1)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — 22 58 43 55 +39.6% 68 77 148 +50.9%
Gross margin, % — — — 0.00 0.00 0.00 0.00 11.63 (12.35) 22.46 10.76 +22.5 pt
EBT — — 0 (1) (2) (9) (17) (26) (74) (64) (71) +115.3%
EBT margin, % — — 0.00 0.00 0.00 0.00 0.00 (117.74) (126.72) (147.17) (129.23) (147.2) pt
Net income — — 0 (1) (2) (9) (17) (26) (68) (63) (71) +115.1%
Per share, $
Per share, $ Revenue — — 0.00 0.00 0.00 0.00 0.00 0.15 0.32 0.23 0.28 n/m
Earnings — — 0.00 (0.01) (0.01) (0.13) (0.16) (0.18) (0.34) (0.30) (0.33) n/m
Cash flow — — 0.00 0.00 (0.01) (0.06) (0.66) (0.16) (0.25) (0.13) (0.26) +88.2%
Capex — — 0.00 0.00 0.00 (0.04) (0.10) (0.41) (0.06) (0.11) (0.07) n/m
Free cash flow — — 0.00 0.00 (0.01) (0.10) (0.76) (0.57) (0.31) (0.25) (0.33) +105.3%
Book value — — 0.04 0.05 0.08 2.28 2.04 1.82 1.75 1.38 1.26 +66.5%
Shares, m — — 114 134 151 65 106 144 182 187 190 +7.3%
Valuation, ×
Valuation, × P/E — — — — — — — 0.00 0.00 0.00 0.00 0.0
P/S — — — — — — — 0.00 10.54 10.65 2.25 7.1
P/B — — — — — — — 2.11 1.93 1.78 0.51 1.9
EV/Sales — — — — — — — 0.00 9.82 11.47 3.29 7.1
EV/FCF — — — — — — — (4.03) (3.46) (10.76) (2.81) (6.1)
Cash, $m
Cash, $m Operating cash flow — — 0 (1) (1) (4) (69) (23) (45) (25) (50) +102.3%
Capex — — 0 0 0 (3) (11) (59) (11) (21) (14) +86.6%
Free cash flow — — 0 (1) (1) (7) (80) (82) (57) (46) (64) +120.8%
Balance, $m
Balance, $m Working capital — — 0 2 5 6 7 19 57 96 87 +113.8%
Net debt — — (1) (2) (5) (9) (6) (5) (64) 14 36 n/m
Shareholders’ equity — — 4 6 12 149 215 262 319 258 245 +78.7%
Returns, %
Returns, % ROA — — 0.00 (19.12) (14.06) (9.63) (8.63) (9.31) (17.07) (13.81) (16.06) (13.8) pt
ROIC — — 0.00 0.00 0.00 (4.11) (5.59) (9.90) (17.69) (15.09) (11.19) (15.1) pt
ROE — — 0.00 (20.06) (18.79) (10.60) (9.07) (10.74) (21.15) (19.71) (23.08) (19.7) pt
People
People Employees — — — — — — — — 196 251 — +28.1%
Revenue/emp, $m — — — — — — — 0.00 0.30 0.17 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

enCore Energy Corp. vs peers in Uranium (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
UEC Uranium Energy Corp. $3.2B — (loss-making) — (loss-making) −0.22% (below 0%: shrinking) n/m +56.73% (above 0%: growing) 40.28% (228.60%) Compare
DNN Denison Mine Corp $1.9B — (loss-making) — −43.62% (below 0%: shrinking) +100.00% (above 0%: growing) −70.02% (below 0%: shrinking) (82.35%) 3,725.65% Compare
LEU Centrus Energy Corp. $1.8B 27.0× 41.0× −25.90% (below 0%: shrinking) +629.33% (above 0%: growing) −2,310.53% (below 0%: shrinking) (19.10%) (53.51%) Compare
UUUU Energy Fuels Inc $1.8B — (loss-making) — +64.77% (above 0%: growing) n/m +50.27% (above 0%: growing) 61.26% (86.75%) Compare
UROY Uranium Royalty Corp. $1.1B 7.9× — +112.86% (above 0%: growing) +1,198.70% (above 0%: growing) +133.85% (above 0%: growing) 33.70% 31.74% Compare
ISOU IsoEnergy Ltd. $514.9M — (loss-making) — — n/m +23.93% (above 0%: growing) — 0.00% Compare
EU enCore Energy Corp. $122.7M — (loss-making) — (loss-making) +328.38% (above 0%: growing) n/m −56.99% (below 0%: shrinking) (16.41%) (187.91%)
NUCL Eagle Nuclear Energy Corp. $119.0M — (loss-making) — — n/m −82.17% (below 0%: shrinking) — 0.00% Compare
JAGU Jaguar Uranium Corp. $19.0M — (loss-making) — — n/m −483.38% (below 0%: shrinking) — 0.00% Compare
Median of peers $1.4B — — −0.22% +629.33% −23.05% 33.70% 0.00%

All 10 Uranium stocks →

Pay and ownership Proxy statement filed 30 April 2026

Ownership

Directors and executive officers, together 3.00%
MMCAP International Inc. 8.60%
Van Eck Associates Corp. 6.10%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

enCore Energy Corp. (EU) Latest News

19 Jun

Impact 4 · · mining-technology.com
stockrow.com/EU · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com