NexGen Energy (TSE:NXE) Given a C$21.00 Price Target by Jefferies Financial Group Analysts

NexGen Energy (TSE:NXE) received a C$21.00 price objective from Jefferies Financial Group in a report issued on Thursday, BayStreet reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 43.44% from the stock’s current price.

NexGen Energy Stock Performance

Shares of NXE stock traded up C$0.52 on Thursday, hitting C$14.64. 727,465 shares of the stock traded hands, compared to its average volume of 1,972,281. The company’s fifty day moving average is C$13.76 and its 200 day moving average is C$15.25. NexGen Energy has a 1-year low of C$10.34 and a 1-year high of C$18.91. The company has a market capitalization of C$9.82 billion, a PE ratio of -34.86 and a beta of 1.19. The company has a debt-to-equity ratio of 33.24, a current ratio of 1.46 and a quick ratio of 8.20.

NexGen Energy (TSE:NXE) last released its earnings results on Wednesday, August 5th. The company reported C($0.02) earnings per share for the quarter. On average, equities research analysts predict that NexGen Energy will post -0.07 earnings per share for the current fiscal year.

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.