# enCore Energy share price today (enCore Energy Corp., EU)

> enCore Energy Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. EU · Energy · Uranium · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/eu

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## Key numbers

- Price: $0.69 (−77.7% in a year)
- Revenue (Jun 2026): $15.7 M (+328.4% on a year ago)
- Profit (Jun 2026), incl. one-off: −$41.4 M (one-off item, see below)
- Operating margin: −187.9% (+338.2 points on a year ago)
- ROE: −22%, FY25
- ROIC: −16.0%, against a 8.5% cost of capital: −24.5 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the enCore Energy share price today? enCore Energy Corp.'s share price was $0.69 at the close on 3 November 2026. That is 57.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $1 and $3, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 37 weeks running. Over the last 1 year the share price moved −74% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 20 February 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does enCore Energy pay? enCore Energy Corp. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is enCore Energy on? enCore Energy is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is enCore Energy profitable? enCore Energy Corp. posted a net loss of $41.4 M in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY25 year was a loss of $56.9 M. That loss is 264.1% of the quarter's revenue. The same quarter a year earlier lost $6.3 M. 11 of the last 12 reported quarters were loss-making. Read this profit with care: at −$41.4 M it is bigger than the quarter's whole revenue of $15.7 M. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −187.9% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does enCore Energy make, and is it growing? enCore Energy Corp. reported $15.7 M of revenue in the Jun 2026 quarter, +328.4% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 3 years it has grown 116.6% a year on average. The last full year, FY25, came in at $43.2 M. The last four reported quarters add to $55.2 M. FY25 revenue was $43.2 M, −26.0% on the year before. Recent pace: the last four quarters grew +79.3% on average, against 116.6% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +24.1%, against −9.5% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does enCore Energy keep? enCore Energy Corp.'s operating margin was −187.9% in the Jun 2026 quarter, 338.2 percentage points higher than the same quarter a year ago. Across 4 years it has been between −610.4% and −123.7%. The latest quarter is within that range. Why the margin moved: operating margin changed +338.2 percentage points on the year while gross margin changed +123.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is enCore Energy's profit turning into cash? enCore Energy Corp.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 its operations used $25.0 M of cash, against −$56.9 M of profit. After $31.6 M of spending on assets, free cash was −$56.6 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does enCore Energy's cash go? enCore Energy Corp. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $68.3 M on assets over the last 3 years. Averaged over those years that is 52.7% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $68.3 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is enCore Energy's P/E ratio, and how does it compare with its own history? enCore Energy Corp. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values enCore Energy Corp. at 3.0× its FY25 revenue of $43.2 M. The P/E comes back here once profit turns positive. ## Is the enCore Energy business getting better or worse? enCore Energy Corp.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 9 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does enCore Energy earn on its capital? enCore Energy Corp. earned a ROE of −22% in FY25. Its return on capital used (ROIC) is 24.5 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −131.7% net margin and 0.10× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −131.7% net margin × 0.10× asset turnover × 1.67× leverage (assets divided by equity) ≈ −22.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −16.0% − 8.5% = −24.5 percentage points. The 8.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does enCore Energy have too much debt? enCore Energy Corp. has total debt of $114 M against shareholder equity of $245 M as of Jun 2026, so its debt is 0.46× its equity. Year by year, that ratio went from 0.00 in FY21 to 0.44 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the enCore Energy shareholding pattern? 18.3% of enCore Energy Corp.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 5.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is enCore Energy from balance-sheet trouble? For enCore Energy Corp., the Z-score is 0.50. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 0.50 is inside the danger zone, so the balance sheet is a real risk. ## How does enCore Energy rank in its industry? 39.5 out of 100, rank 7 of 13 in Uranium, with 64% of the evidence available. enCore Energy Corp. scores 39.5 out of 100 against the 13 companies it is compared with in Uranium, ranking 7. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 19.1 + 6.5 + 9.8 + 4.1 = 39.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is enCore Energy compared with? enCore Energy ranks 7 of 13 Uranium companies on the 4-Factor Sector Score, with 39.5 out of 100. 1. [Uranium Royalty Corp.](https://www.sectoralpha.in/us/stocks/uroy) UROY · quiet · Most evidence points up · 67% evidence 66.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 100% · Profit n/a · Operating margin change 22.4 points · 71% evidence Capital efficiency 15.6/25 · ROCE 3.7% · Operating margin 31.7% · 76% evidence Valuation 9.2/20 · P/E 23.4× · PEG n/a · 15% evidence Relative strength 18.3/20 · Lead over its industry 41.7% · Lead over S&P 500 -17.7% · 1 year -13.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 23.7 + 15.6 + 9.2 + 18.3 = 66.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Cameco Corporation](https://www.sectoralpha.in/us/stocks/ccj) CCJ · quiet · Evidence leans down · 71% evidence 46.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.9/35 · Revenue -2.7% · Profit -33.4% · Operating margin change -8.7 points · 83% evidence Capital efficiency 15.9/25 · ROCE 5% · Operating margin 9.1% · 76% evidence Valuation 8.5/20 · P/E 177.4× · PEG n/a · 15% evidence Relative strength 14.4/20 · Lead over its industry 19.6% · Lead over S&P 500 -31.6% · 1 year -21.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 7.9 + 15.9 + 8.5 + 14.4 = 46.7 · What this means: Relative strength against the index is -31.6%, and revenue and profit growth are weak. 3. [Energy Fuels Inc.](https://www.sectoralpha.in/us/stocks/uuuu) UUUU · quiet · Evidence leans down · 64% evidence 46.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 63.1% · Profit n/a · Operating margin change 542.4 points · 62% evidence Capital efficiency 10.1/25 · ROCE -5.6% · Operating margin -79% · 76% evidence Valuation 11.2/20 · P/E -95.1× · PEG n/a · 15% evidence Relative strength 0.9/20 · Lead over its industry -22% · Lead over S&P 500 -56.8% · 1 year -53.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24 + 10.1 + 11.2 + 0.9 = 46.2 · What this means: Earnings are strong; relative strength in its sector is -22% and the one-year return is -53.7%. 4. [Uranium Energy Corp.](https://www.sectoralpha.in/us/stocks/uec) UEC · quiet · Too little evidence to rank firmly · 51% evidence 45.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.4/35 · Revenue n/a · Profit n/a · Operating margin change -109.3 points · 26% evidence Capital efficiency 7.9/25 · ROCE -9% · Operating margin -228.6% · 76% evidence Valuation 11.5/20 · P/E -616.2× · PEG n/a · 15% evidence Relative strength 11.5/20 · Lead over its industry 3.1% · Lead over S&P 500 -42.2% · 1 year -38% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.4 + 7.9 + 11.5 + 11.5 = 45.3 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Denison Mines Corp.](https://www.sectoralpha.in/us/stocks/dnn) DNN · quiet · Too little evidence to rank firmly · 60% evidence 45.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.9/35 · Revenue 0% · Profit n/a · Operating margin change -1044.9 points · 62% evidence Capital efficiency 10.1/25 · ROCE -7.8% · Operating margin n/a · 61% evidence Valuation 10.2/20 · P/E -14.3× · PEG n/a · 15% evidence Relative strength 10.9/20 · Lead over its industry 10.5% · Lead over S&P 500 -37.2% · 1 year -17.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 13.9 + 10.1 + 10.2 + 10.9 = 45.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Ur-Energy Inc.](https://www.sectoralpha.in/us/stocks/urg) URG · quiet · Too little evidence to rank firmly · 56% evidence 39.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue n/a · Profit n/a · Operating margin change 22.8 points · 39% evidence Capital efficiency 5.9/25 · ROCE -31.8% · Operating margin -128.3% · 76% evidence Valuation 9.5/20 · P/E -11.5× · PEG n/a · 15% evidence Relative strength 4.0/20 · Lead over its industry -12.4% · Lead over S&P 500 -50.6% · 1 year -41.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 20.3 + 5.9 + 9.5 + 4 = 39.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. enCore Energy Corp. this page EU · quiet · Evidence leans down · 64% evidence 39.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.1/35 · Revenue 25% · Profit n/a · Operating margin change 338.2 points · 62% evidence Capital efficiency 6.5/25 · ROCE -21% · Operating margin -187.9% · 76% evidence Valuation 9.8/20 · P/E -12.9× · PEG n/a · 15% evidence Relative strength 4.1/20 · Lead over its industry -34.4% · Lead over S&P 500 -64.3% · 1 year -73.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 19.1 + 6.5 + 9.8 + 4.1 = 39.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Centrus Energy Corp.](https://www.sectoralpha.in/us/stocks/leu) LEU · quiet · Evidence leans down · 81% evidence 36.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.4/35 · Revenue 8.2% · Profit -53.3% · Operating margin change -15.7 points · 83% evidence Capital efficiency 14.0/25 · ROCE 0% · Operating margin 5.3% · 76% evidence Valuation 10.7/20 · P/E 68.1× · PEG 1.32 · 65% evidence Relative strength 2.9/20 · Lead over its industry -17.8% · Lead over S&P 500 -54.1% · 1 year -67.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 8.4 + 14 + 10.7 + 2.9 = 36 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. IsoEnergy Ltd. ISOU · quiet · Too little evidence to rank firmly · 50% evidence 55.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.4/35 · Revenue n/a · Profit n/a · Operating margin change n/a · 33% evidence Capital efficiency 11.9/25 · ROCE -3.6% · Operating margin n/a · 61% evidence Valuation 10.5/20 · P/E -23.4× · PEG n/a · 15% evidence Relative strength 17.0/20 · Lead over its industry 31% · Lead over S&P 500 -24.4% · 1 year 0.1% · 100% evidence · 2 of 12 weeks ahead Exact sum: 16.4 + 11.9 + 10.5 + 17 = 55.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. NexGen Energy Ltd. NXE · quiet · Too little evidence to rank firmly · 50% evidence 53.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue n/a · Profit n/a · Operating margin change n/a · 33% evidence Capital efficiency 10.3/25 · ROCE -6% · Operating margin n/a · 61% evidence Valuation 10.8/20 · P/E -35.2× · PEG n/a · 15% evidence Relative strength 15.7/20 · Lead over its industry 27.4% · Lead over S&P 500 -27% · 1 year -5.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.8 + 10.3 + 10.8 + 15.7 = 53.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. Deep Fission, Inc. FISN · quiet · Too little evidence to rank firmly · 27% evidence 44.0 out of 100 Growth Capital Valuation Relative
12. Nuclea Energy Inc. NCLA · Too little evidence to rank firmly · 11% evidence 43.7 out of 100 Growth Capital Valuation Relative
13. Eagle Nuclear Energy Corp. NUCL · quiet · Too little evidence to rank firmly · 47% evidence 41.5 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Uranium](https://www.sectoralpha.in/us/sectors/uranium), all 13 compared on one page. ## Which companies are close to enCore Energy in size? enCore Energy is the 8th largest of 8 Uranium companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Uranium Energy Corp., Centrus Energy Corp., Denison Mines Corp., Energy Fuels Inc., Uranium Royalty Corp. and Ur-Energy Inc. It is the smallest. ### Uranium companies close in size

1. [Uranium Energy Corp.](https://www.sectoralpha.in/us/stocks/uec) $3.7 billion
2. [Centrus Energy Corp.](https://www.sectoralpha.in/us/stocks/leu) $2 billion
3. [Denison Mines Corp.](https://www.sectoralpha.in/us/stocks/dnn) $1.9 billion
4. [Energy Fuels Inc.](https://www.sectoralpha.in/us/stocks/uuuu) $1.8 billion
5. [Uranium Royalty Corp.](https://www.sectoralpha.in/us/stocks/uroy) $1.2 billion
6. [Ur-Energy Inc.](https://www.sectoralpha.in/us/stocks/urg) $293 million
7. enCore Energy Corp. $130 million

[All 8 Uranium companies, largest first](https://www.sectoralpha.in/us/sectors/uranium#all-companies)

## What else do people ask about enCore Energy? ### What were enCore Energy's latest quarterly results? enCore Energy Corp. reported revenue of $15.7 M and a net loss of $41.4 M for the Jun 2026 quarter. Earnings per share were −$0.21. The operating margin was −187.9%, 338.2 percentage points higher than a year earlier (as of 3 November 2026). ### What is enCore Energy's market cap? enCore Energy Corp.'s market capitalisation is $130 M at a stock price of $0.69. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is enCore Energy performing? enCore Energy Corp.'s latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 37 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will enCore Energy's stock price go up? This page does not forecast enCore Energy Corp.'s stock price. What it shows instead: the stock price is $0.69. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is enCore Energy in its business cycle? enCore Energy Corp.'s FY25 operating margin was −152.4%, against a 4-year range of −610.4% to −123.7%: the middle of its own range, neither a peak nor a low. The latest quarter was −187.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the enCore Energy story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is enCore Energy a stock worth studying right now? What the numbers show: enCore Energy Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.