TSXV:EU

Stock Analysis Report

Executive Summary

enCore Energy Corp., together with its subsidiaries, engages in the acquisition and exploration of resource properties in the United States.


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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-7.7%

EU

3.5%

CA Metals and Mining

-1.5%

CA Market


1 Year Return

-22.6%

EU

6.8%

CA Metals and Mining

2.5%

CA Market

Return vs Industry: EU underperformed the Canadian Metals and Mining industry which returned 6.8% over the past year.

Return vs Market: EU underperformed the Canadian Market which returned 2.5% over the past year.


Shareholder returns

EUIndustryMarket
7 Day-7.7%3.5%-1.5%
30 Day-20.0%5.0%-0.7%
90 Day-7.7%14.3%1.8%
1 Year-22.6%-22.6%7.5%6.8%5.7%2.5%
3 Year-14.3%-14.3%2.8%1.0%16.8%6.2%
5 Year300.0%300.0%29.1%25.4%32.0%12.8%

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

Valuation

Is enCore Energy undervalued compared to its fair value and its price relative to the market?

2.11x

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 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 (2.1x) compared to the CA Metals and Mining industry average (1.6x).


Next Steps

Future Growth

How is enCore Energy forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.0%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as enCore Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has enCore Energy performed over the past 5 years?

59.8%

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, but has reduced losses over the past 5 years at a rate of 59.8% 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 (11.9%).


Return on Equity

High ROE: EU has a negative Return on Equity (-13.71%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

  • Explore strong past performing companies in the Materials industry.

Financial Health

How is enCore Energy's financial position?


Financial Position Analysis

Short Term Liabilities: EU's short term assets (CA$2.9M) exceed its short term liabilities (CA$384.6K).

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

Inventory Level: EU has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if EU's debt is covered by short term assets.


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 a year based on its current free cash flow.

Forecast Cash Runway: EU has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 27.1% each year.


Next Steps

Dividend

What is enCore Energy's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate EU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EU's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?

2.9yrs

Average management tenure


CEO

Dennis Stover (75yo)

5.5yrs

Tenure

CA$80,385

Compensation

Dr. Dennis E. Stover, B.A., B.Sc., M.Sc., Ph.D., has been the Chief Executive Officer at enCore Energy Corp. since August 25, 2014. Dr. Stover has been the President of Uranium One Americas, Inc. and Urani ...


Leadership Team

NamePositionTenureCompensationOwnership
William Sheriff
Executive Chairman11.1yrsCA$3.11k3.53% CA$739.3k
Dennis Stover
CEO & Director5.5yrsCA$80.39kno data
Greg Hayes
Chief Financial Officer0.7yrsno datano data
Jordan Butler
Executive Vice President0.7yrsno datano data
Douglas Underhill
Chief Geologist5.1yrsno datano data
Nancy La Couvée
Corporate Secretary8.9yrsno datano data
David Hembree
Executive Officer0yrsno datano data
Leslie Olmstead
Executive Officer0yrsno datano data
Mark Beaman
Executive Officer0yrsno datano data
Thomas Chadwick
Consultant0yrsno datano data

2.9yrs

Average Tenure

60yo

Average Age

Experienced Management: EU's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Sheriff
Executive Chairman11.1yrsCA$3.11k3.53% CA$739.3k
Dennis Stover
CEO & Director5.5yrsCA$80.39kno data
Mark Pelizza
Independent Director5.2yrsCA$1.66kno data
Eugene Spiering
Member of Advisory Board0.6yrsno datano data
Nathan Tewalt
Director6.8yrsCA$1.66k0.42% CA$87.5k
Joseph Harrington
Member of Advisory Board0yrsno datano data
William Harris
Independent Director10.3yrsCA$2.07k0.29% CA$60.4k
Richard Cherry
Independent Director5.2yrsCA$2.07k0.18% CA$37.5k

6.8yrs

Average Tenure

67yo

Average Age

Experienced Board: EU's board of directors are considered experienced (6.8 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 12.2%.


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$20.963m
  • Shares outstanding: 167.70m
  • Website: https://encoreenergycorp.com

Location

  • enCore Energy Corp.
  • 580 Hornby Street
  • Suite 510
  • Vancouver
  • British Columbia
  • V6C 3B6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6TUWDB (Deutsche Boerse AG)YesNew Common SharesDEEURMay 2013
EUTSXV (TSX Venture Exchange)YesNew Common SharesCACADMay 2013
ENCU.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDMay 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 private mineral rights, including the Crownpoint and Hosta Butte uranium deposits located in New Mexico. The company also holds interest in The Marquez project consists of private mineral leases located in McKinley and Sandoval counties of New Mexico; Nose Rock Project comprising 42 owned unpatented lode mining claims located in McKinley County, New Mexico; and Moonshine Springs project consisting of 23 owned unpatented lode mining claims including 7 unpatented lode mining claims under lease located in Mohave County, Arizona. In addition, it holds interest in The White Canyon District and Utah property package, including the Geitus, Blue Jay, Marcy Look, and Cedar Mountain projects located in the northwest of the White Mesa Mill at Blanding County, Utah. The company was formerly known as Wolfpack Gold Corp. and changed its name to enCore Energy Corp. in August 2014. enCore Energy Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 01:22
End of Day Share Price2020/02/24 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.