NexGen Energy Ltd. (TSE:NXE - Free Report) - Investment analysts at Raymond James lifted their FY2025 earnings per share estimates for shares of NexGen Energy in a report issued on Tuesday, November 19th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of ($0.09) per share for the year, up from their prior estimate of ($0.10). The consensus estimate for NexGen Energy's current full-year earnings is ($0.07) per share.
Other research analysts have also recently issued research reports about the company. National Bankshares raised their price target on NexGen Energy from C$11.00 to C$13.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. TD Securities cut their target price on shares of NexGen Energy from C$13.00 to C$12.00 and set a "buy" rating for the company in a research report on Thursday, August 8th. Ventum Financial raised their price objective on shares of NexGen Energy from C$12.00 to C$14.00 and gave the stock a "buy" rating in a research note on Thursday, August 22nd. Scotiabank lifted their price objective on NexGen Energy from C$12.75 to C$14.00 in a research report on Wednesday. Finally, Cormark increased their target price on NexGen Energy from C$13.00 to C$13.50 in a report on Wednesday. Seven research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of C$14.42.
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NexGen Energy Price Performance
Shares of NXE stock traded up C$0.22 during midday trading on Friday, reaching C$12.42. 1,900,839 shares of the company traded hands, compared to its average volume of 1,969,018. The firm's 50 day simple moving average is C$9.66 and its two-hundred day simple moving average is C$9.48. The firm has a market cap of C$7.01 billion, a PE ratio of 71.76 and a beta of 1.76. The company has a debt-to-equity ratio of 39.09, a current ratio of 1.20 and a quick ratio of 8.20. NexGen Energy has a 1-year low of C$7.04 and a 1-year high of C$12.51.
NexGen Energy (TSE:NXE - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.04) by C($0.01). During the same period in the previous year, the firm posted ($0.03) earnings per share.
About NexGen Energy
(
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NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.
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