Nexgen Energy Stock Today
NXE Stock | CAD 12.42 0.22 1.80% |
Performance16 of 100
| Odds Of DistressLess than 5
|
NexGen Energy is selling at 12.42 as of the 25th of November 2024; that is 1.80% up since the beginning of the trading day. The stock's open price was 12.2. NexGen Energy has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for NexGen Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Energy |
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation of uranium properties in Canada. The company holds a 100 percent interest in its principal property, the Rook I project that consists of 32 contiguous mineral claims covering 35,065 hectares located in the southwest Athabasca Basin, Saskatchewan. The company has 565 M outstanding shares of which 11.83 M shares are now shorted by private and institutional investors with about 8.22 days to cover all short positions. More on NexGen Energy
Moving together with NexGen Stock
0.87 | ENB-PFV | Enbridge Pref 5 | PairCorr |
0.72 | ENB-PFU | Enbridge Pref L | PairCorr |
0.89 | ENS | E Split Corp | PairCorr |
0.83 | ENS-PA | E Split Corp | PairCorr |
Moving against NexGen Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
NexGen Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NexGen Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NexGen Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | Leigh Curyer | ||||
Business Concentration | Oil, Gas & Consumable Fuels, Uranium, Energy, Energy, Oil, Gas & Consumable Fuels, Uranium, Energy (View all Sectors) | ||||
NexGen Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to NexGen Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsNexGen Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NexGen Energy's financial leverage. It provides some insight into what part of NexGen Energy's total assets is financed by creditors.
|
NexGen Energy (NXE) is traded on Toronto Exchange in Canada and employs 77 people. NexGen Energy is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NexGen Energy's market, we take the total number of its shares issued and multiply it by NexGen Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NexGen Energy operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 565 M outstanding shares of which 11.83 M shares are now shorted by private and institutional investors with about 8.22 days to cover all short positions.
NexGen Energy has accumulated about 75.8 M in cash with (52.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2.
Check NexGen Energy Probability Of Bankruptcy
Ownership AllocationNexGen Energy maintains a total of 565 Million outstanding shares. Over half of NexGen Energy's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in NexGen Energy. Please watch out for any change in the institutional holdings of NexGen Energy as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check NexGen Ownership Details
NexGen Energy Risk Profiles
Although NexGen Energy's alpha and beta are two of the key measurements used to evaluate NexGen Energy's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 2.27 | |||
Semi Deviation | 2.1 | |||
Standard Deviation | 3.11 | |||
Variance | 9.69 |
NexGen Stock Against Markets
Be your own money manager
Our tools can tell you how much better you can do entering a position in NexGen Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Stocks Directory Now
Stocks DirectoryFind actively traded stocks across global markets |
All Next | Launch Module |
NexGen Energy Corporate Directors
Brad Wall | Director | Profile | |
Karri Howlett | Independent Director | Profile | |
Warren Gilman | Independent Director | Profile | |
Sybil Veenman | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.