NexGen Energy (NXE) Scheduled to Post Earnings on Friday

NexGen Energy (NYSE:NXE) will announce its earnings results before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.

NexGen Energy (NYSE:NXE) last posted its quarterly earnings data on Wednesday, August 7th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.02. During the same period in the prior year, the company earned ($0.03) EPS. On average, analysts expect NexGen Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NexGen Energy Stock Performance

Shares of NexGen Energy stock opened at $7.08 on Thursday. NexGen Energy has a 52-week low of $4.95 and a 52-week high of $8.88. The business’s 50 day simple moving average is $6.69 and its 200 day simple moving average is $6.88. The firm has a market cap of $4.00 billion, a PE ratio of 708.00 and a beta of 1.90.

Analyst Upgrades and Downgrades

Separately, National Bank Financial raised shares of NexGen Energy to a “strong-buy” rating in a research report on Tuesday, September 3rd. Two equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Strong Buy” and a consensus price target of $11.00.

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.