enCore Energy (TSE:EU) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
enCore Energy Corp. reports increased revenue from its uranium production, with significant sales of yellowcake and the commissioning of its second US-based uranium facility, Alta Mesa. The company fulfilled delivery contracts, selling 410,000 pounds of uranium at an average price of $87.11 per pound, and is advancing its project pipeline with new permits and drilling programs. enCore anticipates further revenue growth and operational expansion, leveraging positive industry trends and increased demand for clean energy.
For further insights into TSE:EU stock, check out TipRanks’ Stock Analysis page.