NexGen Energy (NXE) to Release Quarterly Earnings on Friday

NexGen Energy (TSE:NXEGet Free Report) will be posting its quarterly earnings results before the market opens on Friday, November 8th. Analysts expect NexGen Energy to post earnings of C($0.04) per share for the quarter.

NexGen Energy (TSE:NXEGet Free Report) last released its earnings results on Wednesday, August 7th. The company reported C($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of C($0.04) by C$0.02.

NexGen Energy Trading Down 1.5 %

TSE NXE opened at C$10.09 on Friday. NexGen Energy has a 12 month low of C$7.04 and a 12 month high of C$12.14. The company’s 50-day moving average price is C$9.01 and its 200-day moving average price is C$9.51. The stock has a market cap of C$5.70 billion, a PE ratio of 59.35 and a beta of 1.76. The company has a current ratio of 1.20, a quick ratio of 8.20 and a debt-to-equity ratio of 39.09.

Analysts Set New Price Targets

Several analysts have recently weighed in on NXE shares. Raymond James decreased their price target on shares of NexGen Energy from C$13.00 to C$12.00 and set an “outperform” rating for the company in a research note on Friday, August 2nd. Ventum Financial lifted their target price on NexGen Energy from C$12.00 to C$14.00 and gave the company a “buy” rating in a research report on Thursday, August 22nd. Cormark dropped their price target on NexGen Energy from C$13.75 to C$13.00 in a research report on Friday, August 2nd. National Bankshares lifted their price objective on NexGen Energy from C$11.00 to C$13.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Finally, National Bank Financial upgraded shares of NexGen Energy to a “strong-buy” rating in a report on Tuesday, September 3rd. Seven research analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$13.38.

Check Out Our Latest Report on NexGen Energy

About NexGen Energy

(Get Free Report)

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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Earnings History for NexGen Energy (TSE:NXE)

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