Cantor Fitzgerald analyst Mike Kozak initiated coverage of EnCore Energy with a Speculative Buy rating and C$6.50 price target. EnCore Energy is advancing its 100%-owned uranium assets located in South Texas, South Dakota, Wyoming, and New Mexico and "is on track to become a new domestic uranium supplier in the United States" through its portfolio of past-producing in-situ recovery properties and ownership of three of the 11 licensed in-situ recovery uranium plants in the country, the firm noted.
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