enCore Energy Corp. reported financial and operational results for the year ended December 31, 2025, highlighting a 242% increase in uranium extraction to 699,807 pounds and sales of 655,000 pounds. The company also strengthened its balance sheet with approximately $18.1 million from warrant exercises in February 2026.
Key takeaways
Uranium extraction increased 242% to 699,807 pounds for the year ended December 31, 2025.
Sales totaled 655,000 pounds of U3O8 at a price of $65.89 per pound.
Net loss per share was $(0.30) for the year ended December 31, 2025.
Total liquidity stood at $96 million as of December 31, 2025, including $52 million in cash.
Holders exercised approximately 6.6 million warrants in February 2026, providing $18.1 million in cash.
Construction at Dewey Burdock is expected to commence within 18 months.