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NexGen Energy (NXE) to Release Quarterly Earnings on Tuesday

NexGen Energy logo with Basic Materials background

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.

Get Our Latest Report on NexGen Energy

NexGen Energy Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for NexGen Energy (NYSE:NXE)

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