10 Best Uranium Stocks to Invest in Now

6. enCore Energy Corp. (NASDAQ:EU)

Number of Hedge Fund Holders: 12

enCore Energy Corp. (NASDAQ:EU) is a leading uranium producer in the United States, dedicated to providing clean, reliable, and affordable fuel for nuclear energy. The company operates two In-Situ Recovery (ISR) Uranium Central Processing Plants in South Texas, the Rosita and Alta Mesa projects.

enCore Energy Corp. (NASDAQ:EU) is actively engaged in resource development and exploration activities across its project areas. In South Texas, the company has been conducting resource development drilling at the Upper Spring Creek ISR Project to confirm uranium mineralization and explore for roll fronts that may extend from the planned wellfield. Following the approval of the Class III Underground Injection Control (UIC) permit, enCore Energy Corp. (NASDAQ:EU) has begun installing monitor well rings and baseline wells for the first wellfield at the Upper Spring Creek Project. The project is planned to include a satellite ion exchange facility and wellfield that will feed the Rosita Central Processing Plant, which will enhance the company’s operational efficiency and production capacity.

enCore Energy Corp. (NASDAQ:EU) is also focusing on expanding its operational capacity through the commissioning of new processing plants and the development of additional wellfields. The company recently commissioned the Alta Mesa ISR Uranium Central Processing Plant. This new plant, along with the existing Rosita Central Processing Plant, will significantly increase the company’s production capabilities.