enCore Energy(EU) - 2025 Q3 - Quarterly Results

Financial Performance - Net loss per share improved to $(0.03) from $(0.09) in the same period of 2024[5] - Closing cash and equivalent balance reached $100.3 million with working capital of $119.7 million[5] Uranium Production and Sales - Delivered 130,000 pounds of uranium at a price of $68.28 with a weighted average cost of $38.35[5] - U3O8 extraction increased by 11.4% to 227,070 pounds from the second quarter of 2025[5] - Weighted average cost of U3O8 sold decreased to $53.71 per pound from $97.91 per pound in the same period of 2024[5] - Total cost of U3O8 sold for nine months was $25.781 million for 480,000 pounds, averaging $53.71 per pound[6] - Cash costs for extracted pounds were $6,680,000, averaging $26.20 per pound[6] Project Development - Dewey-Burdock Project included in the federal FAST-41 program for expedited permitting review[7] - Future projects include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming[13] - No U3O8 is forecasted to be purchased in 2025[5]