enCore Energy Stock Edges Up as Uranium Project Update Puts Permits in Focus
enCore Energy shares rose 0.9% to $1.595 Thursday after the company finished the first phase of construction at its Upper Spring Creek uranium project in South Texas. The new ion-exchange plant can process 1,600 gallons per minute, with full capacity expected by late July. enCore reported Q1 net income of 3 cents per share and delivered 270,000 pounds of U3O8 at $67.78 per pound. Final permits for the project remain outstanding.