The share price of enCore Energy Corp. (NASDAQ:EU) fell by 6.29% between June 30 and July 8, 2025, putting it among the Energy Stocks that Lost the Most This Week.enCore Energy (EU) Fell This Week. Here is Why.

An aerial shot of the uranium mines, demonstrating the company's vast mineral resources.

enCore Energy Corp. (NASDAQ:EU) engages in the acquisition, exploration, and development of uranium resource properties in the United States.

enCore Energy Corp. (NASDAQ:EU) surged by over 36% last month after the company reported record uranium extraction rates at its Alta Mesa In-Situ Recovery Uranium Central Processing Plant since commencing operations in June 2024. Moreover, the company recently revealed that it had amended its Uranium Loan Agreement with Boss Energy, with Boss extending the repayment date of its existing loan to enCore to December 27, and also providing a new additional cash facility of $3.6 million. So the recent downturn in share price could be due to investors taking their profits.

enCore Energy Corp. (NASDAQ:EU) has also come under pressure following a drop in the price of uranium, with uranium futures in the US currently down 6% from the seven-month high of $79 touched on June 27.

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