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enCore Energy ( (TSE:EU) ) just unveiled an update.
On June 26, 2025, enCore Energy announced record uranium extraction rates at its Alta Mesa In-Situ Recovery Uranium Central Processing Plant since operations began in June 2024. The company attributes this success to recent management changes and operational efficiencies, which have expanded uranium extraction and reduced costs. Additionally, enCore Energy praised the State of Texas for passing legislation that promotes nuclear energy and streamlines the uranium recovery permitting process. The Alta Mesa Project has seen significant operational developments, including the expansion of wellfields and the use of multiple drill rigs across South Texas, indicating a robust ramp-up strategy. This progress is expected to enhance enCore’s industry positioning and benefit stakeholders by increasing uranium production capacity.
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.
Strong technical indicators and positive corporate events boost the stock’s outlook, but significant financial performance issues, particularly in profitability and cash flow, weigh heavily on the overall score. The lack of a dividend and negative P/E ratio also limit valuation appeal.
To see Spark’s full report on TSE:EU stock, click here.
More about enCore Energy
enCore Energy Corp., known as America’s Clean Energy Company, is focused on providing clean, reliable, and affordable nuclear energy fuel. It is the only U.S. uranium company with multiple Central Processing Plants in operation, utilizing In-Situ Recovery (ISR) technology for uranium extraction. The company is led by industry experts with extensive experience in ISR uranium operations and the nuclear fuel cycle.
Average Trading Volume: 351,701
Technical Sentiment Signal: Sell
Current Market Cap: C$637M
See more insights into EU stock on TipRanks’ Stock Analysis page.