#4 - NexGen Energy (NYSE:NXE)
NexGen Energy Ltd. (NYSE: NXE) is an exploration and development stage company headquartered in Vancouver, Canada. The company is a pre-revenue company and is not profitable.
Its signature project, Rook 1, is located in Saskatchewan’s Athabasca Basin. NexGen holds a 100% interest in this proposed uranium mine and mill, where it discovered the Arrow Deposit nearly a decade ago. NexGen recently identified the discovery of “new intense uranium mineralization” in a 100 %-owned area near the Arrow Deposit.
Once the company begins production, it expects to mine up to 30 million pounds of uranium annually, which will be enough to cover 50% of the West’s supply needs. NexGen plans to find, permit, finance, and construct five new projects in the next 20 years.
About NexGen Energy
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.
Read More - Current Price
- $6.77
- Consensus Rating
- Strong Buy
- Ratings Breakdown
- 4 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
