NexGen Energy (TSE:NXE - Get Free Report) is scheduled to release its earnings data before the market opens on Tuesday, November 12th. Analysts expect NexGen Energy to post earnings of C($0.04) per share for the quarter.
NexGen Energy (TSE:NXE - Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported C($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.04) by C$0.02.
NexGen Energy Trading Down 1.3 %
Shares of NexGen Energy stock traded down C$0.13 during mid-day trading on Tuesday, hitting C$9.83. 1,804,357 shares of the stock were exchanged, compared to its average volume of 1,953,088. NexGen Energy has a twelve month low of C$7.04 and a twelve month high of C$12.14. The stock has a market capitalization of C$5.55 billion, a price-to-earnings ratio of 57.82 and a beta of 1.76. The company has a 50-day simple moving average of C$9.08 and a 200 day simple moving average of C$9.48. The company has a current ratio of 1.20, a quick ratio of 8.20 and a debt-to-equity ratio of 39.09.
Wall Street Analysts Forecast Growth
Several research firms recently commented on NXE. Ventum Cap Mkts upgraded shares of NexGen Energy to a "strong-buy" rating in a report on Monday, July 8th. National Bank Financial upgraded shares of NexGen Energy to a "strong-buy" rating in a report on Tuesday, September 3rd. National Bankshares raised their price target on shares of NexGen Energy from C$11.00 to C$13.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Raymond James cut their price target on shares of NexGen Energy from C$13.00 to C$12.00 and set an "outperform" rating on the stock in a report on Friday, August 2nd. Finally, Ventum Financial upped their target price on shares of NexGen Energy from C$12.00 to C$14.00 and gave the company a "buy" rating in a research note on Thursday, August 22nd. Seven investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of C$13.38.
Check Out Our Latest Stock Report on NXE
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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