Global Defense Spending - Global defense spending reached an all-time high of $2.72 trillion in 2024, marking a 9.4% year-over-year increase, the sharpest rise since the Cold War era [1] - The top five spenders—United States, China, Russia, Germany, and India—accounted for 60% of the global defense budget, with U.S. military expenditure growing by 5.7% to $997 billion, representing 37% of total global defense spending [2] European Union Defense Spending - EU member states are expected to increase annual defense spending by around €80 billion ($84 billion) by 2027, equivalent to roughly 0.5% of GDP [6] - Defense expenditures in the euro area accounted for 1.8% of GDP in 2024, projected to rise to 2.4% by 2027, with Germany's military spending jumping 28% to $88.5 billion [7] Factors Driving Increased Spending - Global defense spending has been rising since Russia's invasion of Ukraine, with Europe significantly increasing military equipment purchases from non-EU suppliers [8] - All 32 NATO members increased defense budgets in 2024, with 18 countries meeting or exceeding the bloc's 2% of GDP target [9] Aerospace and Defense Sector Performance - The aerospace sector saw earnings grow by 23.2% in Q1, with an 85.7% beat ratio, while revenues increased by 0.2% with a 71.4% beat ratio [5] - The Zacks Aerospace-Defense industry ranks in the top 20% of over 250 Zacks industries, indicating strong investor interest in defense and aerospace stocks [10] Exchange-Traded Funds (ETFs) in Aerospace and Defense - Several ETFs focus on the aerospace and defense sector, including iShares U.S. Aerospace & Defense ETF (ITA), Invesco Aerospace & Defense ETF (PPA), and SPDR S&P Aerospace & Defense ETF (XAR), each with varying fee structures [12][13][14] - The Global X Defense Tech ETF (SHLD) provides exposure to defense technology companies, with a significant allocation to the U.S. [15]

NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in enCore Energy Corp. ("enCore Energy" or the "Company") (NASDAQ: EU) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of enCore Energy investors who were adversely affected by alleged securities fraud between March 28, 2024 and March 2, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/encore-energy-corp ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, May 12, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises enCore Energy Corp. ("enCore" or the "Company") (NASDAQ: EU) investors of a class action representing investors that bought securities between March 28, 2024 and March 2, 2025, 2025, inclusive (the "Class Period"). enCore investors have until May 13, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Por ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2025 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD OF _________ TO _________. Commission File Number: 001-41489 ENCORE ENERGY CORP. (Exact name of registrant as specified in its charter) | British Co ...

Uranium Production and Sales - A total of 130,015 pounds of uranium ("U3O8") were extracted and processed at a cost of $36.11 per pound[2] - 290,000 pounds of U3O8 were delivered into sales contracts at an average price of $62.89 per pound[2] - The total cost of U3O8 sold in Q1 2025 was $18.262 million for 290,000 pounds, resulting in a cost per pound of $62.97[4] - The extracted total cost for U3O8 was $3.362 million for 73,711 pounds, leading to a cash cost of $31.26 per pound[4] - U3O8 inventory at quarter-end totaled 153,058 pounds at a cost of $40.39 per pound[2] Financial Performance - The company reported a net loss per share of $0.13, compared to $0.04 per share in Q1 2024, primarily due to increased exploration and extraction activity[2] - Cash and equivalents at the end of the quarter totaled $29.7 million, with working capital of $35.7 million[2] Future Projects and Partnerships - Future projects in the pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming[12] - The company has a joint venture with Boss Energy Ltd., holding a 70% interest in the Alta Mesa Project[11] - The company is committed to working with local communities and indigenous governments to create a positive impact from corporate developments[12]

Core Insights - enCore Energy Corp. reported its financial and operational results for Q1 2025, highlighting significant activities in uranium extraction and sales [1][8] Financial Performance - Total costs of U3O8 sold in Q1 2025 amounted to $18,262,000 for 290,000 pounds, resulting in a cost per pound of $62.97 [4] - The company extracted and processed 130,015 pounds of U3O8 at a cost of $36.11 per pound [7] - The average price for U3O8 sold was $62.89 per pound, with a total of 290,000 pounds delivered under sales contracts [7] - The company reported a net loss per share of $0.13, an increase from $0.04 per share in Q1 2024, attributed to higher exploration and extraction activities and a mark-to-market loss of over $9 million on marketable securities [7] Inventory and Costs - At the end of Q1 2025, the company had an inventory of 153,058 pounds of U3O8, with a total cost of $6,182,000, resulting in a cost per pound of $40.39 [6] - The cash cost of extracted pounds was $2,304,000, translating to $31.26 per pound, while non-cash costs amounted to $1,058,000, or $14.36 per pound [4] Operational Highlights - The company made a cash repayment of $12.2 million on a uranium loan, leading to a negative operating cash flow of $7.7 million [7] - Cash and equivalents stood at $29.7 million, with working capital of $35.7 million at the end of the quarter [7] Company Overview - enCore Energy Corp. is focused on providing clean, reliable, and affordable fuel for nuclear energy, utilizing In-Situ Recovery (ISR) for uranium extraction [10][11] - The company operates the Rosita Central Processing Plant in South Texas and has a joint venture with Boss Energy Ltd. for the Alta Mesa Project [11]

NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of enCore Energy Corp. (NASDAQ: EU). Shareholders who purchased shares of EU during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/encore-energy-corp-loss-submission-form/?id=147750&from=3 CLASS PERIOD: March 28, 2 ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased enCore Energy Corp. securities between March 28, 2024, and March 2, 2025, of the May 13, 2025, deadline to serve as lead plaintiff in a class action lawsuit [1][4]. Group 1: Class Action Details - Investors who bought enCore securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by May 13, 2025, to serve as lead plaintiff, representing other class members [2][5]. - The lawsuit alleges that enCore made false and misleading statements regarding its financial reporting and internal controls, leading to increased net losses and misleading positive statements about its business [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [3]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements since 2013 [3].

NEW YORK, May 9, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in enCore Energy Corp. ("enCore Energy" or the "Company") (NASDAQ: EU) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of enCore Energy investors who were adversely affected by alleged securities fraud between March 28, 2024 and March 2, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/encore-energy-corp-lawsui ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, May 08, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises enCore Energy Corp. ("enCore" or the "Company") (NASDAQ: EU) investors of a class action representing investors that bought securities between March 28, 2024 and March 2, 2025, 2025, inclusive (the "Class Period"). enCore investors have until May 13, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Por ...