enCore Energy Looks Overvalued Based On Fundamentals

enCore Energy Looks Overvalued Based On Fundamentals

Written by Summary

The company owns two uranium processing plants as well as several ISR projects across four US states.

The NPV of Dewey Burdock, and Gas Hills is over $250 million but enCore is valued at just over $400 million as of the time of writing.

Additionally, the company’s portfolio of projects was valued at less than $40 million less than two years ago. The previous owner of Dewey Burdock, and Gas Hills didn’t put them into production despite their compelling key financials even at $20 per pound of uranium. JacobH/iStock via Getty Images Investment thesis I like writing about companies that lack coverage on SA, and today I’m taking a look at enCore Energy Corp. ( OTCQB:ENCUF ). It’s a Canada-listed uranium mining company that has several projects and processing facilities in the USA. enCore’s market valuation is currently higher than the net present value (NPV) of […]

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