NexGen Energy Ltd. (TSE:NXE - Get Free Report) has received a consensus rating of "Buy" from the ten analysts that are currently covering the firm, MarketBeat reports. Seven analysts have rated the stock with a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$14.42.
A number of research analysts have recently commented on the company. Scotiabank raised their target price on NexGen Energy from C$12.75 to C$14.00 in a research note on Wednesday, November 20th. National Bankshares upped their target price on shares of NexGen Energy from C$11.00 to C$13.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. Raymond James lifted their price target on shares of NexGen Energy from C$12.00 to C$13.50 in a research report on Wednesday, November 20th. National Bank Financial upgraded shares of NexGen Energy to a "strong-buy" rating in a report on Tuesday, September 3rd. Finally, Haywood Securities raised their target price on shares of NexGen Energy from C$12.50 to C$13.75 in a research note on Wednesday, November 20th.
Read Our Latest Analysis on NXE
NexGen Energy Trading Down 0.3 %
NexGen Energy stock traded down C$0.04 during trading hours on Friday, reaching C$11.84. The stock had a trading volume of 1,237,334 shares, compared to its average volume of 1,939,319. The stock has a market cap of C$6.69 billion, a PE ratio of 69.65 and a beta of 1.76. The company has a fifty day simple moving average of C$10.44 and a 200-day simple moving average of C$9.53. 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 52 week low of C$7.04 and a 52 week high of C$12.51.
NexGen Energy (TSE:NXE - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported C($0.05) earnings per share for the quarter, missing analysts' consensus estimates of C($0.04) by C($0.01). During the same period in the previous year, the company posted ($0.03) earnings per share. Analysts forecast that NexGen Energy will post -0.07 EPS for the current fiscal year.
About NexGen Energy
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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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