enCore Energy Q2 2026: net loss per share $0.19, uranium extraction down 59% YoY

enCore Energy Corp.

2026-Q2 EPS reported -$0.19 revenue$33,997,000

Net loss per share $0.19 vs $0.16 in H1 2025; driven by lower extraction and fair value adjustment of Verdera Energy shares.
Delivered 485,000 lbs U3O8 at avg $70.10/lb vs 350,000 lbs at $62.58/lb in H1 2025.
Extraction fell to 131,274 lbs from 317,613 lbs YoY; extraction cost per lb rose to $57.36 from $42.92.
Total liquidity $88.4M incl $21.8M cash, $52.2M marketable securities, $14.4M inventory; adjusted $73.5M.
Alta Mesa Wellfield 3 permits expected Q4-2026; Dewey Burdock received 20-year license renewal to 2046; July workforce reduction.

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