NexGen Energy (NYSE:NXE - Get Free Report) released its quarterly earnings data on Monday. The company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.04), Zacks reports.
NexGen Energy Price Performance
NXE stock traded down $0.03 during trading on Monday, hitting $5.71. 9,618,931 shares of the stock traded hands, compared to its average volume of 7,003,762. NexGen Energy has a 1 year low of $3.91 and a 1 year high of $8.96. The firm's 50 day moving average is $4.83 and its two-hundred day moving average is $6.27. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 38.04 and a beta of 1.50.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on NXE shares. Raymond James restated an "outperform" rating on shares of NexGen Energy in a report on Friday, April 4th. Stifel Nicolaus assumed coverage on shares of NexGen Energy in a research report on Wednesday, March 12th. They issued a "buy" rating on the stock. Scotiabank reaffirmed an "outperform" rating on shares of NexGen Energy in a research report on Thursday, March 6th. Finally, Stifel Canada raised shares of NexGen Energy to a "strong-buy" rating in a research report on Tuesday, March 11th. Three investment analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Strong Buy".
Read Our Latest Stock Report on NexGen Energy
About NexGen Energy
(
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.
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