NexGen Energy (NXE) Stock Price, News & Analysis

Company Overview

NexGen 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. as well as the discovered Harpoon area located northeast of the Arrow deposit.

Key Stats

• Today's Range: C$8.68 to C$8.99
• 50-Day Range: C$8.24 to C$10.13
• 52-Week Range: C$5.59 to C$12.51
• Volume: 1.93 million shs
• Average Volume: 1.76 million shs
• Market Capitalization: C$5.05 billion
• P/E Ratio: 34.19
• Dividend Yield: N/A
• Price Target: C$13.25
• Consensus Rating: Buy

NexGen Energy Stock Analysis - MarketRank™

NexGen Energy scored higher than 38% 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: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

NexGen Energy has received a consensus rating of Buy. The company's average rating score is 3.29, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

NexGen Energy has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of NexGen Energy is 34.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.11.

Price to Earnings Ratio vs. Sector

The P/E ratio of NexGen Energy is 34.19, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 76.47.

Price to Book Value per Share Ratio

NexGen Energy has a P/B Ratio of 4.15. 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: 1.4 / 5
• News Sentiment: -0.46

News Sentiment

NexGen Energy has a news sentiment score of -0.46. 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 lower news sentiment than the 0.68 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for NexGen Energy this week, compared to 1 article on an average week.

Search Interest

Only 8 people have searched for NXE on MarketBeat in the last 30 days. This is a decrease of -68% compared to the previous 30 days.

MarketBeat Follows

3 people have added NexGen Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NexGen Energy insiders have not sold or bought any 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$9.48 at the start of the year. Since then, NXE stock has decreased by 5.8% and is now trading at C$8.93.

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.

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).

Industry, Sector and Symbol

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

Price Target and Rating

• Average Price Target for NexGen Energy: C$13.25
• High Price Target: C$15.00
• Low Price Target: C$11.50
• Potential Upside/Downside: +48.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.29
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.26
• Trailing P/E Ratio: 34.19
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$148.05 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 14.22%
• Return on Assets: -4.99%

Debt

• Debt-to-Equity Ratio: 35.49
• Current Ratio: 1.16
• Quick Ratio: 8.20

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.49 per share
• Price / Cash Flow: 18.08
• Book Value: C$2.15 per share
• Price / Book: 4.15

Miscellaneous

• Outstanding Shares: 565,927,312
• Free Float: N/A
• Market Cap: C$5.05 billion
• Optionable: Not Optionable
• Beta: 1.76