earnings
confidence high
sentiment negative
materiality 0.70
enCore Energy reports Q1 net loss of $0.13/share; uranium extraction cost $36.11/lb
enCore Energy Corp.
2025-Q1 EPS
reported -$0.13
vs consensus -$0.01
▼ miss
(-815.5%)
- Extracted 130,015 lbs U3O8 at $36.11/lb; delivered 290,000 lbs at avg $62.89/lb.
- Net loss per share $0.13 vs $0.04 in Q1 2024; mark-to-market loss on securities >$9M.
- Cash and equivalents $29.7M; negative operating cash flow $7.7M after $12.2M loan repayment.
- Inventory 153,058 lbs at $40.39/lb; extracted cash cost $31.26/lb.
- Special committee formed; Executive Chairman and Acting CEO each get $20k/month.