enCore Energy Corp. announced its financial and operational results for the three months ended March 31, 2025, on May 12, 2025. The company reported a total cost of U3O8 sold at $62.97 per pound, with extracted uranium cash costs at $31.26 per pound.
The inventory remaining on hand at the end of Q1 2025 totaled 153,058 pounds of U3O8, valued at a total cost of $40.39 per pound. This inventory included 28,711 pounds of purchased uranium at $59.80 per pound and 124,347 pounds of extracted uranium at $35.91 per pound.
The company filed its first quarter Form 10-Q with the U.S. Securities and Exchange Commission (SEC), which includes the consolidated financial statements and related notes. These results indicate progress in managing operational expenses and improving cost-effectiveness in uranium extraction.
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