EnCore energy rises on uranium project license expansion

ReutersMay 29, 2025 1:02 PM

Shares of clean energy company enCore Energy EU.O gain 3.7% to $2.20 premarket

Co says it has received approval for inclusion of its Upper Spring Creek ISR Uranium Project in the existing Radioactive Materials License by the Texas environment body

Says the license allows enCore to handle radioactive materials, which include uranium

EU says current license includes the Rosita Uranium Project, which has now been extended to cover the Upper Spring Creek Project's Brown Area

As of last close, EU was down 37.8% YTD

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