NexGen Energy Ltd. (TSE:NXE - Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$12.03 and last traded at C$12.02, with a volume of 342170 shares. The stock had previously closed at C$11.75.
Analyst Ratings Changes
Several equities analysts have issued reports on NXE shares. Cormark increased their price objective on shares of NexGen Energy from C$11.50 to C$13.75 in a report on Thursday, February 8th. Eight Capital boosted their price objective on NexGen Energy from C$13.00 to C$21.00 and gave the stock a "buy" rating in a research note on Monday, January 15th. Raymond James decreased their target price on NexGen Energy from C$14.00 to C$13.50 and set an "outperform" rating on the stock in a research report on Wednesday, May 1st. Finally, Scotiabank set a C$13.50 price target on NexGen Energy and gave the stock an "outperform" rating in a research report on Monday, April 1st. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, NexGen Energy presently has a consensus rating of "Buy" and a consensus target price of C$13.34.
Check Out Our Latest Analysis on NexGen Energy
NexGen Energy Stock Performance
The company has a market capitalization of C$6.47 billion, a price-to-earnings ratio of 74.31 and a beta of 1.82. The company has a debt-to-equity ratio of 19.56, a current ratio of 11.00 and a quick ratio of 8.20. The stock has a 50 day simple moving average of C$10.60 and a two-hundred day simple moving average of C$9.73.
NexGen Energy (TSE:NXE - Get Free Report) last issued its earnings results on Wednesday, March 6th. The company reported C($0.08) earnings per share for the quarter, missing the consensus estimate of C($0.02) by C($0.06). As a group, analysts anticipate that NexGen Energy Ltd. will post -0.07 earnings per share for the current year.
About NexGen Energy
(
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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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