Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
enCore Energy ( (TSE:EU) ) has issued an announcement.
On June 27, 2025, enCore Energy Corp.’s subsidiary and Boss Energy Limited amended their Uranium Loan Agreement to extend the repayment date to July 3, 2025, and subsequently to December 27, 2025. This amendment also introduced a $3.6 million cash facility to fund capital contributions to their joint venture. The agreement, initially for 200,000 pounds of uranium valued at $20.1 million, now has $10.4 million outstanding. The interest rate was increased to 10% per annum, and additional terms were included to secure the agreement and address potential defaults.
The most recent analyst rating on (TSE:EU) stock is a Hold with a C$7.25 price target. To see the full list of analyst forecasts on enCore Energy stock, see the TSE:EU Stock Forecast page.
Spark’s Take on TSE:EU Stock
According to Spark, TipRanks’ AI Analyst, TSE:EU is a Neutral.
The overall score reflects strong technical momentum and positive corporate developments, offset by significant financial and valuation challenges. The company’s revenue growth and strategic initiatives are promising, but profitability concerns and a lack of dividend yield weigh heavily on the stock’s attractiveness.
To see Spark’s full report on TSE:EU stock, click here.
More about enCore Energy
enCore Energy Corp. operates in the energy sector, focusing on uranium production and recovery. The company is involved in joint ventures and projects such as the Alta Mesa In Situ Recovery Uranium Project and Central Processing Plant in South Texas.
Average Trading Volume: 276,225
Technical Sentiment Signal: Buy
Current Market Cap: C$724.6M
See more insights into EU stock on TipRanks’ Stock Analysis page.