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enCore Energy (EU) Gains Following a Rally in Uranium Prices
enCore EnergyenCore Energy(US:EU) Yahoo Financeยท2025-09-25 04:20

Core Insights - enCore Energy Corp. (NASDAQ:EU) experienced a significant share price increase of 23.11% from September 16 to September 23, 2025, making it one of the top-performing energy stocks during that week [1] Group 1: Company Performance - The surge in enCore Energy's share price is attributed to a rally in uranium prices, which reached a 10-month high of over $80 per pound [3] - The U.S. Energy Secretary announced plans to enhance the strategic uranium reserve, which is expected to bolster confidence in the long-term prospects of nuclear power generation [3] Group 2: Regulatory Developments - enCore Energy received a positive development as the U.S. Environmental Protection Agency denied a review petition against permits for its Dewey Burdock uranium project, allowing the project to remain on a federal fast-track permitting program [4]