SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims On Behalf Of Investors Of Encore

2025-03-13 11:01:23

(MENAFN- PR Newswire)

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.

To learn more about the enCore Energy Corp. investigation, go to or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) .

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SOURCE Faruqi & Faruqi, LLP

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