enCore Energy Reports Q3 2025 Financial Results; Uranium Extraction Advances in South Texas

Core Viewpoint - enCore Energy Corp. reported strong operational performance for the nine months ended September 30, 2025, highlighting increased uranium production and a solid financial position, reinforcing its role in supporting America's clean energy future [2][4]. Operational Update - The Dewey Burdock In-Situ Recovery (ISR) Uranium Project in South Dakota was approved for expedited permitting under the Fast-41 Program, aimed at enhancing domestic uranium production [4]. - The company achieved a year-to-date delivery of nearly 500,000 pounds of uranium, with 227,070 pounds extracted in the third quarter, marking an 11.4% increase from the previous quarter [2][5]. - The cash balance exceeded $100 million, with working capital reported at $119.7 million [5]. Financial Highlights - The net loss per share was $(0.03), an improvement from $(0.09) in the same period of 2024 [5]. - The company sold 130,000 pounds of uranium at an average price of $68.28, with a weighted average cost of $38.35 per pound [5]. - The closing inventory included 287,089 pounds of uranium at a cost of $38.27 per pound, with a weighted average cost of uranium sold at $53.71 per pound, down from $97.91 per pound in the same period of 2024 [5]. Future Projects - Future projects in the pipeline include the Dewey Burdock Project and the Gas Hills Project in Wyoming, with a commitment to working with local communities and indigenous governments [8].