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NASDAQ:EU

enCore Energy 5/10/2024 Earnings Report

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$2.88 +0.06 (+1.94%)
As of 01:30 PM Eastern
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enCore Energy EPS Results

Actual EPS
-$0.03
Consensus EPS
-$0.02
Beat/Miss
Missed by -$0.01
One Year Ago EPS
N/A

enCore Energy Revenue Results

Actual Revenue
$30.40 million
Expected Revenue
$3.30 million
Beat/Miss
Beat by +$27.10 million
YoY Revenue Growth
N/A

enCore Energy Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

enCore Energy Earnings Headlines

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About enCore Energy

enCore Energy (NASDAQ:EU) Corp (NASDAQ: EU) is a U.S.-based uranium exploration and development company focused on advancing projects that support the growing demand for nuclear fuel. Headquartered in Midland, Texas, enCore Energy pursues both in-situ recovery (ISR) and conventional mining opportunities across key uranium regions in the United States. The company’s strategic emphasis is on responsible resource development, leveraging modern extraction techniques and stringent environmental management practices.

The company’s diversified project portfolio spans multiple states, with flagship assets including the Gas Hills uranium project in central Wyoming and an array of ISR exploration targets in South Texas. In Wyoming, enCore holds historic mineral leases and has continued an extensive drilling program to expand known resources beneath patented and unpatented claims. In South Texas, the firm maintains exploration permits along the Coastal Plain, where it is advancing permitting and technical studies aimed at ISR development. Together, these projects position enCore to become a reliable domestic source of uranium in support of U.S. nuclear energy initiatives.

Since its founding, enCore Energy has grown through strategic acquisitions, joint ventures and the reactivation of legacy properties. The company engages with federal and state regulators to secure environmental permits and has undertaken baseline hydrological and environmental assessments at each site. In parallel, enCore collaborates with local communities and stakeholders to ensure transparent communication and adherence to best practices in land stewardship and safety.

enCore Energy’s leadership team is led by President and Chief Executive Officer Cathal F. Flynn, a seasoned professional with over two decades of experience in uranium exploration and project development. Supported by a board of directors and management team with deep expertise in geology, engineering and regulatory affairs, the company is well-positioned to advance its pipeline of uranium assets from exploration through development, aligning with long-term trends in nuclear power generation.

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