NexGen Energy (NYSE:NXE - Get Free Report) will be announcing its earnings results before the market opens on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.
NexGen Energy (NYSE:NXE - Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.02. During the same period in the prior year, the company earned ($0.03) earnings per share. On average, analysts expect NexGen Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
NexGen Energy Trading Down 0.7 %
Shares of NYSE:NXE traded down $0.05 during mid-day trading on Tuesday, reaching $7.11. The stock had a trading volume of 4,424,666 shares, compared to its average volume of 5,644,538. The company has a market cap of $4.02 billion, a P/E ratio of 711.71 and a beta of 1.90. NexGen Energy has a 1 year low of $4.95 and a 1 year high of $8.88. The business's 50 day moving average price is $6.67 and its 200 day moving average price is $6.88.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on NXE. Ventum Cap Mkts raised shares of NexGen Energy to a "strong-buy" rating in a research report on Monday, July 8th. National Bank Financial upgraded NexGen Energy to a "strong-buy" rating in a report on Tuesday, September 3rd. Two analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Strong Buy" and an average price target of $11.00.
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NexGen Energy Company Profile
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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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