enCore Energy Corp. announced its financial and operational results for the six months ended June 30, 2025, on August 11, 2025. For the three months ended June 30, 2025, revenue from uranium sales decreased by 31% to $3.664 million, primarily due to a lower contracted sales volume of 60,000 pounds compared to 90,000 pounds in Q2 2024.
Despite the decrease in sales volume, the company reported a significant reduction in costs applicable to uranium sales, which decreased by 76% to $2.534 million for the three months ended June 30, 2025. The weighted average cost per pound for sales was $42.23, a substantial improvement from $115.87 in Q2 2024.
The net loss per share for Q2 2025 improved to $(0.03) from $(0.12) in Q2 2024. Operationally, enCore extracted 125,000 pounds of uranium in the first half of 2025 at a total cost of $42.92 per pound, with cash costs at $28.86 per pound. The company also realized a gain of $7.671 million from the sale of Anfield Energy Inc. shares during the period.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.