Earnings ·
enCore Energy Corp. reported financial results for the six months ended June 30, 2026, posting a net loss per share of…
EUenCore Energy Corp.
enCore Energy Corp. reported financial results for the six months ended June 30, 2026, posting a net loss per share of $0.19 compared to $0.16 in the prior year period. The company delivered 485,000 pounds of uranium at an average sales price of $70.10 per pound, up from 350,000 pounds at $62.58 in 2025. Extraction volumes decreased to 131,274 pounds from 317,613 pounds, while total liquidity stood at $88.4 million. Management executed a workforce reduction in July 2026 to lower costs, with savings expected in Q3. Permitting progress includes anticipated final permits for the Alta Mesa Wellfield 3 Extension and Rosita Project in Q4-2026, and state permitting for the Dewey Burdock project is underway. enCore Energy Corp. operates in the uranium mining industry, utilizing in-situ recovery technology to extract uranium for nuclear energy.