NexGen Energy (TSE:NXE) Releases Earnings Results

NexGen Energy (TSE:NXE – Get Free Report) announced its earnings results on Monday. The company reported C($0.06) earnings per share (EPS) for the quarter, FiscalAI reports.

NexGen Energy Price Performance

NexGen Energy stock traded up C$0.69 during mid-day trading on Monday, reaching C$12.33. 1,860,971 shares of the company were exchanged, compared to its average volume of 1,972,305. The firm has a market cap of C$8.27 billion, a PE ratio of -29.36 and a beta of 1.88. The company has a debt-to-equity ratio of 33.24, a current ratio of 1.46 and a quick ratio of 8.20. The company has a fifty day simple moving average of C$12.80 and a 200-day simple moving average of C$14.78. NexGen Energy has a 12 month low of C$10.36 and a 12 month high of C$18.91.

Analyst Ratings Changes

NXE has been the topic of a number of recent research reports. Jefferies Financial Group started coverage on shares of NexGen Energy in a research report on Thursday, September 3rd. They set a “buy” rating and a C$21.00 price target on the stock. JPMorgan Chase & Co. set a C$19.00 price objective on shares of NexGen Energy and gave the stock an “overweight” rating in a research note on Monday, September 21st. Finally, National Bank Financial set a C$21.00 price objective on shares of NexGen Energy and gave the company an “outperform” rating in a report on Monday, September 21st. Eight research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of C$20.40.

View Our Latest Analysis on NexGen Energy

About NexGen Energy

(Get Free Report)

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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Earnings History for NexGen Energy (TSE:NXE)

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