NexGen Energy Ltd. (TSE:NXE - Get Free Report) has received a consensus rating of "Buy" from the ten ratings firms that are presently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$13.22.
A number of research analysts have recently commented on NXE shares. Scotiabank lowered their target price on NexGen Energy from C$12.00 to C$11.50 and set an "outperform" rating for the company in a research report on Tuesday, March 25th. National Bankshares lowered their price target on NexGen Energy from C$13.50 to C$12.50 and set an "outperform" rating for the company in a research report on Friday, March 7th. TD Securities lowered their price target on NexGen Energy from C$13.00 to C$12.00 and set a "buy" rating for the company in a research report on Thursday, March 6th. Finally, Stifel Canada upgraded NexGen Energy to a "strong-buy" rating in a research report on Tuesday, March 11th.
Read Our Latest Report on NXE
NexGen Energy Price Performance
Shares of NXE stock traded up C$0.25 during trading hours on Tuesday, hitting C$7.97. The stock had a trading volume of 1,763,095 shares, compared to its average volume of 1,742,105. The company has a debt-to-equity ratio of 35.49, a current ratio of 1.16 and a quick ratio of 8.20. The stock has a market capitalization of C$4.51 billion, a price-to-earnings ratio of 30.52 and a beta of 1.76. NexGen Energy has a one year low of C$5.59 and a one year high of C$12.51. The stock's 50-day moving average price is C$6.81 and its two-hundred day moving average price is C$8.88.
NexGen Energy Company Profile
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Get Free ReportNexGen Energy Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, evaluation and development of uranium properties in Canada. The company's projects portfolio consists of ROOK I, Radio Property, and the IsoEnergy, at the Athabasca Basin. The Rook I property hosts the world-class Arrow Zone, the Bow discovery.
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