NexGen Energy (TSE:NXE) Announces Quarterly Earnings Results

NexGen Energy (TSE:NXE) announced its quarterly earnings data on Wednesday. The company reported C($0.02) EPS for the quarter, FiscalAI reports.

NexGen Energy Trading Up 5.7%

Shares of TSE:NXE opened at C$14.87 on Friday. NexGen Energy has a 12-month low of C$8.68 and a 12-month high of C$18.91. The business’s fifty day simple moving average is C$13.83 and its 200-day simple moving average is C$15.52. The company has a market capitalization of C$9.84 billion, a PE ratio of -21.87 and a beta of 1.19. The company has a current ratio of 1.37, a quick ratio of 8.20 and a debt-to-equity ratio of 42.09.

Wall Street Analyst Weigh In

Separately, National Bank Financial boosted their target price on shares of NexGen Energy from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research note on Friday, April 17th. Seven equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$19.75.

About NexGen Energy

NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company’s flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure.