Executive Summary
enCore Energy Corp., together with its subsidiaries, engages in the acquisition and exploration of resource properties in the United States. More Details
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has enCore Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EU is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: EU's weekly volatility (14%) has been stable over the past year.
Market Performance
7 Day Return
-11.1%
EU
-7.3%
CA Metals and Mining
-3.3%
CA Market
1 Year Return
528.6%
EU
26.9%
CA Metals and Mining
-0.4%
CA Market
Return vs Industry: EU exceeded the Canadian Metals and Mining industry which returned 34.4% over the past year.
Return vs Market: EU exceeded the Canadian Market which returned 1.6% over the past year.
Shareholder returns
| EU | Industry | Market | |
|---|---|---|---|
| 7 Day | -11.1% | -7.3% | -3.3% |
| 30 Day | 7.3% | -6.6% | 0.2% |
| 90 Day | 131.6% | -4.3% | 14.2% |
| 1 Year | 528.6%528.6% | 28.0%26.9% | 3.3%-0.4% |
| 3 Year | 1,660.0%1,660.0% | 35.6%32.7% | 13.7%2.8% |
| 5 Year | 3,420.0%3,420.0% | 135.1%127.6% | 59.6%35.0% |
Long-Term Price Volatility Vs. Market
How volatile is enCore Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall St
enCore Energy (CVE:EU) Is In A Good Position To Deliver On Growth Plans7 months ago | Simply Wall St
Companies Like enCore Energy (CVE:EU) Are In A Position To Invest In Growth9 months ago | Simply Wall St
Does Market Volatility Impact enCore Energy Corp.'s (CVE:EU) Share Price?Valuation
Is enCore Energy undervalued compared to its fair value and its price relative to the market?
14.6x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate EU's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EU's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EU is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: EU is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EU is overvalued based on its PB Ratio (14.6x) compared to the CA Metals and Mining industry average (2.9x).
Next Steps
Future Growth
How is enCore Energy forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
0.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EU is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: EU is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: EU is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if EU's revenue is forecast to grow faster than the Canadian market.
High Growth Revenue: Insufficient data to determine if EU's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if EU's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has enCore Energy performed over the past 5 years?
-51.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EU is currently unprofitable.
Growing Profit Margin: EU is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EU is unprofitable, and losses have increased over the past 5 years at a rate of 51.5% per year.
Accelerating Growth: Unable to compare EU's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EU is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (78.3%).
Return on Equity
High ROE: EU has a negative Return on Equity (-13.24%), as it is currently unprofitable.
Next Steps
Financial Health
How is enCore Energy's financial position?
Financial Position Analysis
Short Term Liabilities: EU's short term assets (CA$4.0M) exceed its short term liabilities (CA$78.4K).
Long Term Liabilities: EU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EU is debt free.
Reducing Debt: EU has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: EU has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: EU has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 1% each year
Next Steps
Dividend
What is enCore Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EU's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EU's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of EU's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
William Goranson (58 yo)
0.25
Tenure
CA$1,713
Compensation
Mr. William Paul Goranson, P.E., BSc, MSc, serves as Chief Executive Officer at enCore Energy Corp. since October 1, 2020 and serves as its Director since September 14, 2020. Mr. Goranson had been Chief Op...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12yrs | CA$52.78k | 3.37% CA$ 5.3m | |
| CEO & Director | 0.25yr | CA$1.71k | 0.16% CA$ 253.9k | |
| Chief Financial Officer | 0.83yr | CA$36.05k | no data | |
| Chief Technical Officer & Director | 8.92yrs | CA$80.39k | 0.52% CA$ 814.0k | |
| Executive Vice President | 1.58yrs | no data | no data | |
| Chief Geologist | 6yrs | no data | no data | |
| Corporate Secretary | 9.83yrs | no data | no data | |
| Executive Officer | no data | no data | no data | |
| Executive Officer | no data | no data | no data | |
| Executive Officer | no data | no data | no data | |
| Consultant | no data | no data | no data | |
| Consultant | no data | no data | no data |
1.6yrs
Average Tenure
61yo
Average Age
Experienced Management: EU's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12yrs | CA$52.78k | 3.37% CA$ 5.3m | |
| CEO & Director | 0.25yr | CA$1.71k | 0.16% CA$ 253.9k | |
| Chief Technical Officer & Director | 8.92yrs | CA$80.39k | 0.52% CA$ 814.0k | |
| Independent Director | 6.08yrs | CA$1.66k | 0.24% CA$ 369.6k | |
| Member of Advisory Board | 1.5yrs | no data | no data | |
| Independent Director | 7.67yrs | CA$1.66k | 0.63% CA$ 985.6k | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Director | 11.25yrs | CA$2.07k | 0.28% CA$ 442.9k | |
| Independent Director | 6.08yrs | CA$2.07k | 0.12% CA$ 193.6k |
6.9yrs
Average Tenure
67yo
Average Age
Experienced Board: EU's board of directors are considered experienced (6.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EU insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23%.
Top Shareholders
Company Information
enCore Energy Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: enCore Energy Corp.
- Ticker: EU
- Exchange: TSXV
- Founded: 2009
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$156.610m
- Shares outstanding: 177.97m
- Website: https://encoreenergycorp.com
Location
- enCore Energy Corp.
- 200 Burrard Street
- Suite 250
- Vancouver
- British Columbia
- V6C 3L6
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 6TUW | DB (Deutsche Boerse AG) | Yes | New Common Shares | DE | EUR | May 2013 |
| EU | TSXV (TSX Venture Exchange) | Yes | New Common Shares | CA | CAD | May 2013 |
| ENCU.F | OTCPK (Pink Sheets LLC) | Yes | New Common Shares | US | USD | May 2013 |
Biography
enCore Energy Corp., together with its subsidiaries, engages in the acquisition and exploration of resource properties in the United States. It holds a 100% interest in approximately 115,000 acres of priva...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/27 23:15 |
| End of Day Share Price | 2021/01/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.