enCore Energy Corp. (EU) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 14, 2026

Risk Assessment Details

Potential Dilution: 70.49% of current shares
Recent Dilution: 5.38% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
190M
Potential Supply
130M
Additional shares possible
Splits
None
Past 2 years

Summary

EU currently has 191M outstanding shares. with significant dilution risk as 135M authorized shares could dilute existing holders by 70.5%. The company has minimally diluted shareholders by 5.38% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 14, 2026

10-Q filing | 191.4M shares outstanding

190M 130M
Mar 31, 2026

10-K filing | 186.9M shares outstanding

190M 130M
Dec 03, 2025

S-3/A filing: enCore Energy Corp. may offer and sell, from time to time, up to $350,000,000 aggregate initial offering price of common shares, preferred shares, debt securities, warrants, subscription receipts, share purchase contracts or units.

190M 130M
Nov 13, 2025

S-3/A filing: This is an S-3/A filing with information regarding the registration of securities. It includes details about post-effective amendments, liabilities under the Securities Act, and the process for removing unsold securities from registration.

190M 120M
Nov 10, 2025

10-Q filing | 187.4M shares outstanding

190M 120M
Oct 27, 2025

S-3/A filing: enCore Energy Corp. may offer and sell, from time to time, up to $350,000,000 aggregate initial offering price of common shares, preferred shares, debt securities, warrants, subscription receipts, share purchase contracts or units.

190M 120M
Oct 24, 2025

S-3/A filing: enCore Energy Corp. may offer and sell, from time to time, up to $350,000,000 aggregate initial offering price of common shares, preferred shares, debt securities, warrants, subscription receipts, share purchase contracts or units.

190M 120M
Oct 10, 2025

S-3 filing: enCore Energy Corp. may offer and sell, from time to time, up to $350,000,000 aggregate initial offering price of common shares, preferred shares, debt securities, warrants, subscription receipts, share purchase contracts or units.

190M 110M
Aug 11, 2025

10-Q filing | 186.9M shares outstanding

190M 5.3M
May 12, 2025

10-Q filing | 186.2M shares outstanding

190M 5.3M
Mar 03, 2025

10-K filing | 182.0M shares outstanding

180M 5.3M
Mar 28, 2024

40-F filing | 165.1M shares outstanding

170M 5.3M
Jun 13, 2023

F-10 filing: The filing is an F-10 form, and it describes the terms and provisions of Subscription Receipts that may be issued, which entitle holders to receive Common Shares, Warrants, Units or any combination thereof upon satisfaction of certain release conditions.

110M 5.3M
Apr 28, 2023

40-F filing | 108.9M shares outstanding

110M 5.3M
Jan 27, 2023

F-10 filing: This is an F-10 filing for the issuance and sale of up to 5,307,825 common shares upon exercise of warrants of enCore Energy Corp.

N/A 5.3M
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