NexGen Energy (NXE) Stock Price, News & Analysis

Company Overview

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. The company is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$10.27 to C$10.83
• 50-Day Range: C$7.20 to C$11.49
• 52-Week Range: C$7.04 to C$12.14
• Volume: 943,388 shs
• Average Volume: 1.99 million shs
• Market Capitalization: C$5.89 billion
• P/E Ratio: 61.35
• Dividend Yield: N/A
• Price Target: C$13.13
• Consensus Rating: Buy

NexGen Energy Stock Analysis - MarketRank™

NexGen Energy scored higher than 85% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.7 / 5
• Analyst Rating: Buy

Consensus Rating

NexGen Energy has received a consensus rating of Buy. The company's average rating score is 3.30, and is based on 7 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

NexGen Energy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of NexGen Energy is 61.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of NexGen Energy is 61.35, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 100.97.

Price to Book Value per Share Ratio

NexGen Energy has a P/B Ratio of 4.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NXE.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

NexGen Energy does not currently pay a dividend.

Dividend Growth

NexGen Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for NXE.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.24

News Sentiment

NexGen Energy has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for NexGen Energy this week, compared to 1 article on an average week.

Search Interest

16 people have searched for NXE on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.

MarketBeat Follows

7 people have added NexGen Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, NexGen Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$15,966.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 7.96% of the stock of NexGen Energy is held by insiders.

Percentage Held by Institutions

54.83% of the stock of NexGen Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NXE Stock Analysis - Frequently Asked Questions

How have NXE shares performed this year?

NexGen Energy's stock was trading at C$9.27 at the beginning of 2024. Since then, NXE stock has increased by 12.5% and is now trading at C$10.43.
View the best growth stocks for 2024 here.

How were NexGen Energy's earnings last quarter?

NexGen Energy Ltd. (TSE:NXE) released its quarterly earnings data on Wednesday, August, 7th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.02.

How do I buy shares of NexGen Energy?

Shares of NXE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of NexGen Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NexGen Energy investors own include ARC Resources (ARX), Cenovus Energy (CVE), IsoEnergy (ISO), Denison Mines (DML), Great Panther Mining (GPR), Whitecap Resources (WCP) and Azincourt Energy (AAZ).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 10/24/2024
• Next Earnings (Estimated): 11/07/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Uranium
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: TSE:NXE
• CUSIP: N/A
• CIK: N/A
• Web: www.nexgenenergy.ca
• Phone: 16044284112
• Fax: N/A
• Employees: 77
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$13.13
• High Stock Price Target: C$21.00
• Low Stock Price Target: C$10.00
• Potential Upside/Downside: +25.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.30
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.17
• Trailing P/E Ratio: 61.35
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$85.34 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 9.00%
• Return on Assets: -4.99%

Debt

• Debt-to-Equity Ratio: 39.09
• Current Ratio: 1.20
• Quick Ratio: 8.20

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.58 per share
• Price / Cash Flow: 18.08
• Book Value: C$2.11 per share
• Price / Book: 4.94

Miscellaneous

• Outstanding Shares: 564,700,000
• Free Float: N/A
• Market Cap: C$5.89 billion
• Optionable: Not Optionable
• Beta: 1.76