Streetbeat News

NXE

NexGen Energy Ltd.

https://www.nexgenenergy.ca

Industry

Uranium

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. Its principal asset is the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. The company is headquartered in Vancouver, Canada.

Open

7.79

Mkt cap

4.2B

Volume

High

7.84

P/E Ratio

35.71

52-wk high

8.96

Low

7.49

Div yield

N/A

52-wk low

4.95

Wall Street analysts predict a 28% upside potential for NexGen Energy (NXE), driven by upward earnings estimate revisions.

Portfolio Pulse from

December 13, 2024 | 4:15 pm

NexGen Energy has signed its first uranium sales agreements with U.S. utilities, marking a significant de-risking event for its Rook I project. The agreements cover 1 Mlb/year from 2029-2033, boosting confidence in the project and aiding in securing final permits and financing by 2025. Despite strong analyst price targets, the stock is recommended as a buy, but not a 'strong buy.'

Portfolio Pulse from

December 11, 2024 | 5:30 pm

The article discusses the performance of NexGen Energy (NXE) and Perpetua Resources Corp. (PPTA) in comparison to other basic materials stocks this year.

Portfolio Pulse from

December 05, 2024 | 4:00 pm

NexGen Energy Ltd. has secured its first uranium sales contracts for 5 million pounds with major US utilities. These contracts feature market-related pricing mechanisms and align with NexGen's marketing strategy, positioning the company to benefit from a strengthening uranium market.

Portfolio Pulse from

December 04, 2024 | 11:45 am

Analysts predict a 26% upside for NexGen Energy (NXE) based on price targets and raised earnings estimates.

Portfolio Pulse from

November 27, 2024 | 4:15 pm

NexGen Energy Ltd. (NXE) held its Q3 2024 earnings call, discussing financial performance and company updates. Key participants included executives and analysts from major financial institutions.

Portfolio Pulse from

November 12, 2024 | 5:30 pm

NexGen's 2024 drilling program at Patterson Corridor East has resulted in a significant discovery, expanding the mineralized zone to a 600m strike length and vertical extent. This includes 19 of 30 holes intersecting mineralization, with 10 holes showing high-grade intervals.

Portfolio Pulse from

November 12, 2024 | 11:45 am

CAVA Group reported strong Q2 results, beating earnings and sales estimates, leading to a 17% stock price increase. Other stocks like Bilibili, Workday, and Roku also saw gains due to upgrades and positive earnings.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 2:22 pm

NexGen Energy (NYSE:NXE) reported a Q2 EPS of $(0.01), beating the analyst estimate of $(0.03) by 66.67%. This marks a 66.67% improvement over the same period last year.

Portfolio Pulse from totan@benzinga.com

August 07, 2024 | 9:58 pm

Scotiabank analyst Orest Wowkodaw maintains a Sector Outperform rating on NexGen Energy but lowers the price target from C$13.5 to C$12.5.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 7:15 pm

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