NexGen Energy Ltd. (TSE:NXE - Get Free Report) has received a consensus rating of "Buy" from the nine ratings firms that are covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a buy rating and three have issued a strong buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is C$13.59.
A number of equities analysts have recently issued reports on NXE shares. Scotiabank increased their price objective on shares of NexGen Energy from C$12.75 to C$14.00 in a research note on Wednesday, November 20th. Cormark increased their price objective on shares of NexGen Energy from C$13.00 to C$13.50 in a research note on Wednesday, November 20th. Haywood Securities increased their price objective on shares of NexGen Energy from C$12.50 to C$13.75 in a research note on Wednesday, November 20th. Royal Bank of Canada increased their price objective on shares of NexGen Energy from C$10.00 to C$15.00 in a research note on Thursday, November 21st. Finally, Raymond James increased their price objective on shares of NexGen Energy from C$12.00 to C$13.50 in a research note on Wednesday, November 20th.
Get Our Latest Stock Report on NXE
Insider Buying and Selling
In other news, Director Leigh Robert Curyer acquired 1,500,000 shares of the business's stock in a transaction on Friday, December 20th. The stock was bought at an average price of C$10.05 per share, with a total value of C$15,075,000.00. 7.96% of the stock is currently owned by corporate insiders.
NexGen Energy Trading Down 4.8 %
Shares of TSE:NXE traded down C$0.40 during trading on Thursday, reaching C$7.96. 1,853,514 shares of the company were exchanged, compared to its average volume of 1,532,161. The firm has a market capitalization of C$4.50 billion, a PE ratio of 30.48 and a beta of 1.76. The business's fifty day simple moving average is C$9.66 and its 200-day simple moving average is C$9.54. NexGen Energy has a 12-month low of C$7.04 and a 12-month high of C$12.51. The company has a debt-to-equity ratio of 35.49, a current ratio of 1.16 and a quick ratio of 8.20.
About NexGen Energy
(
Get Free ReportNexGen 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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