Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»NexGen Energy (TSE:NXE) PT Lowered to C$12.00
    Commodities

    NexGen Energy (TSE:NXE) PT Lowered to C$12.00

    August 10, 20244 Mins Read



    NexGen Energy logoNexGen Energy (TSE:NXE – Get Free Report) had its price target lowered by investment analysts at TD Securities from C$13.00 to C$12.00 in a note issued to investors on Thursday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target indicates a potential upside of 56.86% from the company’s current price.

    NXE has been the subject of a number of other reports. Ventum Cap Mkts raised NexGen Energy to a “strong-buy” rating in a research note on Monday, July 8th. Raymond James cut their price target on shares of NexGen Energy from C$13.00 to C$12.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. Scotiabank reduced their price target on shares of NexGen Energy from C$13.50 to C$12.50 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Ventum Financial dropped their price objective on shares of NexGen Energy from C$12.50 to C$12.00 in a report on Monday, July 8th. Finally, Haywood Securities upgraded shares of NexGen Energy to a “strong-buy” rating in a report on Friday, May 17th. Six research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$12.89.

    Get Our Latest Stock Report on NexGen Energy

    NexGen Energy Trading Up 1.9 %

    Shares of NXE traded up C$0.14 during trading on Thursday, reaching C$7.65. 1,385,346 shares of the company traded hands, compared to its average volume of 2,097,401. The stock has a 50-day simple moving average of C$9.22 and a 200-day simple moving average of C$10.04. The stock has a market cap of C$4.28 billion, a PE ratio of 69.55 and a beta of 1.82. NexGen Energy has a twelve month low of C$6.26 and a twelve month high of C$12.14. The company has a quick ratio of 8.20, a current ratio of 1.96 and a debt-to-equity ratio of 19.12.

    NexGen Energy (TSE:NXE – Get Free Report) last posted its earnings results on Wednesday, May 8th. The company reported C($0.06) earnings per share for the quarter, missing the consensus estimate of C($0.04) by C($0.02). On average, analysts anticipate that NexGen Energy will post -0.07 earnings per share for the current year.

    Insider Buying and Selling at NexGen Energy

    In other news, Director Richard J. Patricio sold 175,000 shares of NexGen Energy stock in a transaction on Thursday, June 13th. The shares were sold at an average price of C$9.67, for a total transaction of C$1,692,285.00. In other news, Director Richard J. Patricio sold 175,000 shares of the firm’s stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of C$9.67, for a total transaction of C$1,692,285.00. Also, Director Bradley John Wall sold 188,000 shares of the business’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of C$7.42, for a total value of C$1,395,336.00. Insiders own 8.23% of the company’s stock.

    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.

    See Also

    Analyst Recommendations for NexGen Energy (TSE:NXE)



    Receive News & Ratings for NexGen Energy Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for NexGen Energy and related companies with MarketBeat.com’s FREE daily email newsletter.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    ‘Could fundamentally change how we power our world’

    Commodities

    Your energy drink habit may lead to debilitating nerve damage – and it takes far less than you’d think to reach a toxic overdose

    Commodities

    the nu-metal giants keep the hits rollin’ in

    Commodities

    7 biggest changes in Metal Gear Solid Delta Snake Eater from the original

    Commodities

    Can you play Metal Gear Solid Delta Snake Eater on Xbox Game Pass

    Commodities

    Smug immigrant who self deported slams America’s ‘horrible, evil energy’… and says his new country has better food

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    US Air Force to deny retirement pay to transgender service members being separated from the service

    Naver Using Search Advantages to Drive Commerce, Fintech, and AI

    Property

    The UK’s ‘best’ seaside town to move to in 2025 with properties on sale for just £70k | UK | News

    Editors Picks

    7 Most Profitable Cryptocurrency Stocks To Invest In

    October 16, 2024

    Wyoming Gears Up To Be First State To Issue Its…

    August 23, 2024

    The high-output agricultural haven of Weld County, Colorado

    April 11, 2025

    PEXA launches full proposition to market in huge milestone moment for UK property transactions

    August 19, 2025
    What's Hot

    Is buy-to-let still worth it?

    January 16, 2025

    Cryptocurrency firm OKX eyes for IPO in US

    June 23, 2025

    Deals of Over $100 Million

    March 18, 2025
    Our Picks

    What is AI, how do apps like ChatGPT work and why are there concerns?

    July 30, 2025

    ARS choisit SS&C pour soutenir sa gamme de produits à revenu garanti -Le 18 mars 2025 à 14:00

    March 18, 2025

    Half of UK farms face closure from IHT hike, survey finds

    March 4, 2025
    Weekly Top

    Gujarat emerges as India’s copper hub, amid soaring demand from sunrise sectors – Industry News

    August 24, 2025

    Four quick and easy DIY tricks to boost your property value by nearly £30k

    August 24, 2025

    BRAC EPL Investments partners with Paramount Solar to boost renewable energy expansion

    August 24, 2025
    Editor's Pick

    le Canada rejoint en toute fin de match par Curaçao en Gold Cup

    June 22, 2025

    Trump creates US bitcoin reserve

    March 6, 2025

    Au Bataclan, la cérémonie des Foudres veut distinguer le metal et sa vitalité en France

    July 8, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.