NexGen Energy (TSE:NXE - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of C($0.04) per share for the quarter.
NexGen Energy (TSE:NXE - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C($0.02) earnings per share for the quarter, beating analysts' consensus estimates of C($0.04) by C$0.02.
NexGen Energy Stock Performance
TSE NXE traded down C$0.15 on Friday, reaching C$10.09. 927,600 shares of the stock were exchanged, compared to its average volume of 1,956,604. The firm has a market capitalization of C$5.70 billion, a PE ratio of 59.35 and a beta of 1.76. NexGen Energy has a one year low of C$7.04 and a one year high of C$12.14. The company's 50-day simple moving average is C$9.01 and its two-hundred day simple moving average is C$9.50. The company has a current ratio of 1.20, a quick ratio of 8.20 and a debt-to-equity ratio of 39.09.
Analyst Upgrades and Downgrades
NXE has been the subject of a number of analyst reports. National Bank Financial upgraded NexGen Energy to a "strong-buy" rating in a research note on Tuesday, September 3rd. Ventum Financial raised their price objective on NexGen Energy from C$12.00 to C$14.00 and gave the company a "buy" rating in a research report on Thursday, August 22nd. National Bankshares boosted their target price on 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. TD Securities cut their price target on NexGen Energy from C$13.00 to C$12.00 and set a "buy" rating for the company in a report on Thursday, August 8th. Finally, Raymond James reduced their price objective on NexGen Energy from C$13.00 to C$12.00 and set an "outperform" rating on the stock in a research note on Friday, August 2nd. Seven equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of C$13.38.
Check Out Our Latest 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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