On March 3, 2025, enCore reported disappointing financial results for the quarter ended December 31, 2024. Specifically, enCore reported a net loss of $61.3 million compared to a $25.6 million net loss for fiscal 2023. enCore also revealed that its CEO is “no longer serving” in the role “or as a member of the Board,” and that the company had “identified material weaknesses in our internal control over financial reporting as of December 31, 2024.”

On this news, enCore’s stock price fell $1.17, or 46.4%, to close at $1.35 per share on March 3, 2025.

If you are an enCore investor and would like to learn more about our investigation, please CLICK HEREto fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or E-mail at info@ktmc.com. You can also click on the following link or paste it in your browser: https://www.ktmc.com/encore-energy-corp-investigation?utm_source=PR&utm_medium=link&utm_campaign=eu&mktm=r

Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.

CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com

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View the original release on www.newmediawire.com

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