NexGen Energy Ltd. (TSE:NXE – Get Free Report) has been assigned an average recommendation of “Buy” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. Eight research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is C$20.40.
Several analysts have issued reports on the company. JPMorgan Chase & Co. set a C$19.00 target price on NexGen Energy and gave the stock an “overweight” rating in a research note on Monday, September 21st. National Bank Financial set a C$21.00 price target on shares of NexGen Energy and gave the stock an “outperform” rating in a research note on Monday, September 21st. Finally, Jefferies Financial Group set a C$21.00 price objective on shares of NexGen Energy and gave the stock a “buy” rating in a report on Thursday, September 3rd.
View Our Latest Stock Report on NXE
NexGen Energy Price Performance
Shares of NexGen Energy stock opened at C$12.34 on Friday. The company has a current ratio of 1.46, a quick ratio of 8.20 and a debt-to-equity ratio of 33.24. The firm has a market capitalization of C$8.27 billion, a PE ratio of -29.38 and a beta of 1.76. The business’s 50-day moving average price is C$13.34 and its 200-day moving average price is C$14.95. NexGen Energy has a 12 month low of C$10.36 and a 12 month high of C$18.91.
NexGen Energy (TSE:NXE – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported C($0.02) earnings per share for the quarter. Sell-side analysts forecast that NexGen Energy will post -0.07 EPS for the current fiscal year.
NexGen Energy Company Profile
NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company’s flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure.
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