Encore Energy Stock Price, News & Analysis

enCore Energy Corp. (NASDAQ: EU) has appointed Kevin Kremke as Chief Financial Officer, effective October 1st, 2025. Kremke brings extensive experience in corporate finance, M&A, capital markets, and operational leadership across energy and natural resources sectors.

As part of his compensation package, Kremke has been granted 250,000 stock options at US$2.30 per share and 250,000 restricted stock units. Both the options and RSUs will vest over four years at 25% annually. This appointment aligns with enCore's aggressive growth strategy as America's Clean Energy Company™, focusing on domestic nuclear energy development.

enCore Energy (NASDAQ:EU) announced that its Dewey Burdock ISR Uranium Project in South Dakota has been approved for inclusion in the Fast-41 Program by the U.S. Federal Permitting Steering Council. The project, which received its Source and Byproduct Materials License in 2014 from the Nuclear Regulatory Commission (NRC), is the first critical minerals project in South Dakota to receive fast-track permitting status.

The Fast-41 designation supports the implementation of measures to increase American mineral production, particularly focusing on domestic uranium production through environmentally responsible In-Situ Recovery (ISR) technology. The NRC will serve as the lead agency for federal permitting as enCore aims to advance the project into development and operation.

enCore Energy Corp. (NASDAQ: EU), America's Clean Energy Company, has announced a corporate update webcast scheduled for Wednesday, August 27th at 1:15 PM ET. The presentation will be led by Executive Chairman William M. Sheriff and A/Chief Executive Officer Robert Willette.

The webcast will cover three main topics: current operations in South Texas, the expansion of the Alta Mesa project, and details regarding their recently completed Convertible Notes offering. Interested parties can access the webcast through the provided registration link.

enCore Energy Corp. (NASDAQ: EU) has successfully completed an upsized offering of $115 million in 5.50% Convertible Senior Notes due 2030. The offering includes the initial $100 million plus a fully exercised $15 million option. The notes feature an initial conversion rate of 303.9976 common shares per $1,000 principal amount, representing a conversion price of $3.2895 per share - a 27.5% premium over the last trading price.

The company secured net proceeds of $109.8 million, allocating $11.5 million for capped call transactions and $10.6 million to repay existing loan obligations. The remaining funds will be used for general corporate purposes. The convertible notes and related common shares are not registered under the Securities Act and have specific trading restrictions in the U.S. and Canada.

enCore Energy (NASDAQ: EU) has priced an upsized $100 million offering of 5.50% Convertible Senior Notes due 2030, increased from the initially announced $75 million. The notes, priced at a 27.5% premium with an initial conversion price of $3.29 per share, will be offered to qualified institutional buyers under Rule 144A.

The company expects net proceeds of approximately $95.3 million, which could increase to $109.8 million if the initial purchasers exercise their option to purchase additional notes. The funds will be allocated as follows: $10 million for capped call transactions, $10.6 million to repay outstanding loan amounts, with the remainder for general corporate purposes.

The notes include features such as a 5.50% annual interest rate payable semi-annually, conversion rights under certain conditions, and redemption options for enCore after August 21, 2028, if the stock price exceeds 130% of the conversion price.

enCore Energy (NASDAQ: EU) has announced plans to offer $75 million in convertible senior notes due 2030 through a private offering to qualified institutional buyers. The company will grant initial purchasers a 13-day option to buy an additional $11.25 million in notes.

The convertible notes will be senior unsecured obligations with semi-annual interest payments, maturing on August 15, 2030. Holders can convert notes into cash, common shares, or a combination thereof. The company plans to enter into capped call transactions to reduce potential dilution and will use proceeds to repay loan obligations and for general corporate purposes.

enCore Energy (NASDAQ: EU) has announced the acquisition of the 5,900-acre Tacubaya property adjacent to its Alta Mesa Uranium Project. The acquisition is part of a joint venture between enCore Energy (70%) and Boss Energy Ltd. (30%).

The strategic expansion targets uranium mineralization discovered by Chevron in the 1970s, with multiple uranium roll fronts in the Goliad Formation. The company plans an aggressive exploration program starting October 2025, initially deploying two drill rigs for a 200-hole drilling program, with two additional rigs to be added as the program progresses.

The Tacubaya property is expected to provide additional feed and extend operations at the Alta Mesa In-Situ Recovery Uranium Central Processing Plant, with projected continuation of productive roll fronts from multiple wellfields.

enCore Energy (NASDAQ:EU) reported strong Q2 2025 financial results, demonstrating significant operational improvements. The company achieved U3O8 extraction of 203,798 pounds, marking a 79% increase from Q1 2025. During Q2, enCore delivered 60,000 pounds of uranium at $61.07 per pound with a production cost of $42.23.

The company ended Q2 with 244,204 pounds of U3O8 inventory at $39.63 per pound and a cash balance of $26.9 million. Operational efficiency at Alta Mesa improved significantly, with daily production reaching 2,678 pounds in June 2025. The company expanded Wellfield 7 with 75 new wells and plans to increase drill rigs from 24 to 30 in Q3 2025.

enCore Energy (NASDAQ:EU) has announced the promotion of Dain McCoig from Senior Vice President to Chief Operating Officer, following significant operational achievements at the Alta Mesa ISR Uranium Project. Under McCoig's leadership, the company has more than doubled uranium extraction rates since early March 2025.

Key operational highlights include: Q2 2025 uranium extraction of 203,797 lbs, up from 113,816 lbs in Q1; expansion to 25 active drill rigs in South Texas with plans to increase to 30 rigs by August 2025; and installation of 75 new wells in Wellfield 7 during Q2. Monthly extraction rates have shown consistent growth, reaching 80,346 lbs in June 2025.