NexGen Energy (TSE:NXE - Get Free Report) had its target price hoisted by stock analysts at TD Securities from C$11.00 to C$12.00 in a research note issued to investors on Friday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. TD Securities' price objective points to a potential upside of 25.65% from the company's current price.
Separately, Desjardins set a C$13.50 price target on NexGen Energy and gave the company a "buy" rating in a report on Tuesday, June 10th. Five analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, NexGen Energy presently has a consensus rating of "Buy" and a consensus target price of C$13.25.
Read Our Latest Research Report on NXE
NexGen Energy Stock Up 1.5%
Shares of TSE:NXE traded up C$0.14 on Friday, reaching C$9.55. The company had a trading volume of 680,160 shares, compared to its average volume of 1,752,993. NexGen Energy has a twelve month low of C$5.59 and a twelve month high of C$12.51. The stock has a 50-day moving average price of C$9.28 and a 200 day moving average price of C$8.16. The stock has a market capitalization of C$5.40 billion, a P/E ratio of 36.57 and a beta of 1.76. The company has a quick ratio of 8.20, a current ratio of 1.16 and a debt-to-equity ratio of 35.49.
About NexGen Energy
(
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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.
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