Shares of NexGen Energy Ltd. (NYSE:NXE – Get Free Report) have earned a consensus recommendation of “Strong Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a buy rating and four have issued a strong buy rating on the company.
Several research analysts have weighed in on NXE shares. Stifel Nicolaus began coverage on NexGen Energy in a research note on Wednesday, March 12th. They issued a “buy” rating on the stock. Scotiabank restated an “outperform” rating on shares of NexGen Energy in a research note on Thursday, March 6th. Finally, Stifel Canada upgraded NexGen Energy to a “strong-buy” rating in a research note on Tuesday, March 11th.
Read Our Latest Stock Report on NexGen Energy
Institutional Trading of NexGen Energy
NexGen Energy Trading Up 2.7 %
Shares of NXE stock opened at $4.82 on Thursday. The business’s 50 day moving average is $6.07 and its two-hundred day moving average is $6.77. NexGen Energy has a twelve month low of $4.44 and a twelve month high of $8.96. The company has a market capitalization of $2.74 billion, a P/E ratio of 32.10 and a beta of 1.97.
NexGen Energy Company Profile
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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