Reviewing enCore Energy (EU) & Its Peers

enCore Energy (NASDAQ:EU) is one of 103 public companies in the “MINING – MISC” industry, but how does it contrast to its peers? We will compare enCore Energy to related businesses based on the strength of its institutional ownership, valuation, earnings, risk, profitability, dividends and analyst recommendations.

Earnings and Valuation

This table compares enCore Energy and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
enCore Energy	$58.33 million	-$61.39 million	-6.86
enCore Energy Competitors	$8.21 billion	$447.87 million	-0.58

enCore Energy’s peers have higher revenue and earnings than enCore Energy. enCore Energy is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Institutional and Insider Ownership

20.9% of enCore Energy shares are held by institutional investors. Comparatively, 35.1% of shares of all “MINING – MISC” companies are held by institutional investors. 10.0% of shares of all “MINING – MISC” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Risk and Volatility

enCore Energy has a beta of 1.54, suggesting that its share price is 54% more volatile than the S&P 500. Comparatively, enCore Energy’s peers have a beta of 0.77, suggesting that their average share price is 23% less volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and price targets for enCore Energy and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
enCore Energy	0	0	1	1	3.50
enCore Energy Competitors	613	1678	3302	139	2.52

enCore Energy currently has a consensus target price of $2.75, indicating a potential upside of 8.27%. As a group, “MINING – MISC” companies have a potential upside of 23.82%. Given enCore Energy’s peers higher possible upside, analysts clearly believe enCore Energy has less favorable growth aspects than its peers.

Profitability

This table compares enCore Energy and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
enCore Energy	-142.32%	-16.08%	-13.96%
enCore Energy Competitors	-938.79%	-12.66%	-5.27%

Summary

enCore Energy peers beat enCore Energy on 9 of the 13 factors compared.

About enCore Energy

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico. 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 to the northwest of the White Mesa Mill at Blanding County, Utah. Further, the company holds a 100% interest in Dewey Burdock project comprises approximately 12,613 surface acres and 16,962 net mineral acres located in South Dakota; Gas Hills project consists of approximately 1,280 surface acres and 12,960 net mineral acres of unpatented lode mining claims located in Wyoming; and West Largo project consist of approximately 3,840 acres located in McKinley County, New Mexico. Additionally, it holds a 100% interest in Ambrosia Lake – Treeline property consists of deeded mineral rights totaling 24,555 acres and unpatented mining claims covering approximately 1,700 acres; and Checkerboard mineral rights covering a land position of approximately 300,000 acres located in the Grants Uranium District. The company was formerly known as Wolfpack Gold Corp. and changed its name to enCore Energy Corp. in August 2014. enCore Energy Corp. is headquartered in Corpus Christi, Texas.