enCore Energy Corp. Common Shares logo

enCore Energy Corp. Common Shares(EU)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$0.77
10/22/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for EU

10/22/2026: EU (1-star) is currently NOT-A-BUY. Pass it for now.

enCore Energy Corp. is a U.S.-based uranium mining company focused on low-cost in-situ recovery (ISR) extraction. The company’s primary strength lies in its portfolio of licensed production facilities in pro-mining regions and an experienced leadership team. The main investment story centers on the company’s potential to capitalize on rising nuclear energy demand by establishing itself as a reliable domestic supplier. However, investors must consider risks related to operational execution during production ramp-ups, fluctuations in uranium prices, and regulatory requirements. enCore Energy may suit growth-oriented investors looking for exposure to the nuclear fuel cycle, though it is currently unsuitable for income seekers as no dividends are paid.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company offers exposure to the potential growth of the nuclear energy sector and domestic uranium supply.
Momentum investorMixed fitThe stock is sensitive to uranium price trends, making it suitable for those watching for positive sector momentum.
Value investorWeak fitCurrent valuation is heavily dependent on future production and resource development rather than current earnings.
Dividend investorWeak fitThe company does not pay a dividend, prioritizing capital allocation toward project development.
Low-risk investorWeak fitThe mining sector and junior producers exhibit high price volatility and operational risks.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighUranium prices can be highly cyclical and impact revenue directly.
Valuation riskMedium / highMuch of the company's valuation relies on future production expectations.
Competition risk (Uranium production)MediumThe company competes with well-established global uranium producers.
Business qualityMediumThe company is transitioning from developer to producer, which involves execution risks.
Dividend incomeLow / noneNo dividends are paid, making this unsuitable for income seekers.
Execution riskHighSuccessfully ramping up ISR facilities requires precise technical execution.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Highly Choppy
PRICE STABILITY

Highly Choppy

The stock has experienced frequent, large price swings that make its near-term movement less predictable.

Analysis of Past Performance

Type Stock
Historic Profit -21.69%
Avg. Invested days 26
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/22/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
EU receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
EU has moderate overall fundamentals (3 stars), with soft financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-27.1%), weak cash generation (FCF margin -76.0%), moderate revenue growth (+1.5%).

Financial Health Rating

★★★★★
EU's financial health is soft, with the relatively strongest area being moderate liquidity, including working-capital and asset support (WC/assets 22.3%). Operating efficiency is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is EU's strongest growth driver at +20.4% FY2025 versus FY2024 (solid, 4 stars). By comparison, while earnings growth (-27.1%, negative) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 52.8% and approximately 97.8% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 2.30% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

Van Eck Associates Corporation 7.80%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 6.83%
BlackRock Inc 5.85%
Vanguard Capital Management, LLC 3.14%
Azarias Capital Management, L.P. 2.11%

Unit Economics (Per $1K Revenue)

★★★★★
EU generates approximately $225 of gross profit, $-1,524 of operating income, and $-760 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses and cash burn explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.77%

Quantitative Style Profile

★★★★★
EU has a liquid profile. Weak momentum is the primary drawback, while elevated volatility.

Style Classification

Quality Focused

Value-OrientedHigh VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 155.93M USD
Price to earnings Ratio -
1Y Target Price 2.91
Price to earnings Ratio -
1Y Target Price 2.91
Volume (30-day avg) 6.7M shares
Beta 1.39
52 Weeks Range 0.76 - 3.68
Updated Date 10/21/2026
52 Weeks Range 0.76 - 3.68
Updated Date 10/21/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.33

How Company Makes Money

Business areaWhat it includesRetail investor read
Uranium ProductionSale of U3O8 yellowcake produced from ISR facilities in Texas.The company earns money by mining and selling uranium fuel for power plants.
Asset DevelopmentAdvancing projects through licensing and permitting stages for future valuation growth.Long-term value is built by developing land into future mining operations.
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Valuation

Trailing PE -
Forward PE 10.93
Enterprise Value 276.36M
Price to Sales(TTM) 2.82
Enterprise Value 276.36M
Price to Sales(TTM) 2.82
Enterprise Value to Revenue 5
Enterprise Value to EBITDA -49.7
Shares Outstanding 194.28M
Shares Floating 190.10M
Shares Outstanding 194.28M
Shares Floating 190.10M
Percent Insiders 2.3
Percent Institutions 52.84

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.