The Law Offices of Frank R. Cruz announces an investigation of enCore Energy Corp. (“enCore” or the “Company”) (NASDAQ: EU) on behalf of investors concerning the Company’s possible violations of federal securities laws.

What Is The Investigation About?
On March 3, 2025, enCore announced its fiscal 2024 financial results in a press release, reporting a net loss of $61.3 million compared to a $25.6 million net loss for fiscal 2023. The Company revealed that its Chief Executive Officer is “no longer serving” in the role “or as a member of the Board.” Additionally, the Company revealed that it had identified material weaknesses in its internal controls over financial reporting.

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