We received from enCore Energy Corp and we are glad to publish the following press release:
“enCore Energy Corp. (NASDAQ:EU | TSXV:EU) (the “Company” or “enCore”), America’s Clean Energy CompanyTM, announced today its financial and operational results for the nine months ended September 30, 2025.
“Our third quarter results underscore the strength of enCore’s operational performance,” said Rob Willette, Chief Executive Officer of enCore Energy. “Production from our South Texas operations continued to trend upward, with improvements in wellfield efficiency driving strong extraction results. With nearly half a million pounds delivered year-to-date, over 227,000 pounds extracted in the quarter, and a cash balance exceeding $100 million, our team continues to execute. Combined with our inclusion of the Dewey Burdock Project in the federal FAST-41 program, we’re solidifying enCore’s position as a leading domestic producer supporting America’s clean energy future.”
Highlights for three months ended September 30, 2025 include:
- Net loss per share $(0.03) versus $(0.09) in same period 2024;
- Sale (delivery) into contract of 130,000 pounds of uranium (“U3O8”) at a price of $68.28 and a weighted average cost of $38.35;
- U3O8 extraction of 227,070 pounds, an increase of 11.4% from the second quarter of 2025;
- Closing balance of 287,089 pounds of U3O8 in inventory at a cost of $38.27 per pound;
- Closing cash and equivalent balance of $100.3 million with working capital of $119.7 million.
- Weighted average cost of U3O8 sold of $53.71 per pound versus $97.91 per pound in same period 2024;
- Delivery of 480,000 pounds of U3O8 into sales contracts at an average price of $64.13 per pound;
- No U3O8 has been, nor is forecasted to be, purchased in 2025″.
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