---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-117779"
form_type: "8-K"
ticker: "EU"
cik: "0001500881"
company_name: "enCore Energy Corp."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-21T23:30:10.646905+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# enCore Energy reports Q1 net loss of $0.13/share; uranium extraction cost $36.11/lb

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-117779
- form_type: 8-K
- ticker: EU
- cik: 0001500881
- company_name: enCore Energy Corp.
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500881/000119312525117779/0001193125-25-117779-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500881/000119312525117779/d939232d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-117779
- JSON: https://secwatch.observer/filing/0001193125-25-117779.json
- Plain text: https://secwatch.observer/filing/0001193125-25-117779.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.