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enCore Energy Q2 Net Loss Narrows
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enCore Energy Q2 Net Loss Narrows
Aug 11, 2025 5:14 AM

07:46 AM EDT, 08/11/2025 (MT Newswires) -- enCore Energy (EU.V) said Monday that its net loss narrowed in the second quarter.

The company posted a net loss of $0.03 per share, compared to a net loss of $0.12 per share in the same period of 2024.

enCore said it achieved sales into contract of 60,000 pounds of uranium, at a sales price of $61.07 per pound and a weighted average cost of $42.23 per pound.

The company's uranium extraction totaled 203,798 pounds, a 79% increase from the first quarter.

enCore reported a cash and equivalent balance of $26.9 million, with working capital of $30.2 million, at the end of the second quarter.

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