Nexgen Energy Stock Today
| NXE Stock | USD 8.88 0.15 1.72% |
Performance14 of 100
| Odds Of DistressLess than 5
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NexGen Energy is trading at 8.88 as of the 25th of November 2024, a 1.72% up since the beginning of the trading day. The stock's lowest day price was 8.63. NexGen Energy has under 5 % chance of experiencing financial distress over the next 2 years and had a good 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 1st of December 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Energy | IPO Date 4th of January 2016 |
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. Its principal asset is the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. The company has 565 M outstanding shares of which 54.99 M shares are now shorted by investors with about 11.06 days to cover. More on NexGen Energy
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| 0.98 | DNN | Denison Mines Corp Aggressive Push | PairCorr |
| 0.83 | LEU | Centrus Energy Buyout Trend | PairCorr |
| 0.97 | UEC | Uranium Energy Corp | PairCorr |
Moving against NexGen Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
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NexGen Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Leigh Curyer | |||||||||||||||||||||||||||||||||||||||||||||
| Old Name | New Energy Minerals Ltd | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil, Gas & Consumable Fuels, Uranium, Energy, NYSE Composite, SP TSX Composite, Non-Metallic and Industrial Metal Mining, Energy, Oil, Gas & Consumable Fuels, Uranium, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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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.
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NexGen Energy (NXE) is traded on New York Stock Exchange in USA. It is located in 1021 West Hastings Street, Vancouver, BC, Canada, V6E 0C3 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 total capitalization of 5.02 B. NexGen Energy runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 565 M outstanding shares of which 54.99 M shares are now shorted by investors with about 11.06 days to cover.
NexGen Energy has about 167.27 M in cash with (52.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35.
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. 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 Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Royal Bank Of Canada | 2024-06-30 | 5.5 M | |
| Moore Capital Management, Lp | 2024-06-30 | 4.8 M | |
| Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 4.2 M | |
| Ing Investment Management Llc | 2024-06-30 | 3.8 M | |
| Waratah Capital Advisors Ltd | 2024-06-30 | 3.8 M | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.3 M | |
| Mirabella Financial Services Llp | 2024-06-30 | 3.3 M | |
| Van Eck Associates Corporation | 2024-06-30 | 3.1 M | |
| Bank Of America Corp | 2024-06-30 | 3.1 M | |
| L1 Capital Pty Ltd | 2024-06-30 | 30.3 M | |
| Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 28.6 M |
NexGen Energy Historical Income Statement
NexGen Stock Against Markets
NexGen Energy Corporate Directors
| Warren Gilman | Independent Director | Profile | |
| Sybil Veenman | Independent Director | Profile | |
| Richard Patricio | Independent Director | Profile | |
| Brad Wall | 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 interest. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NexGen Energy. If investors know NexGen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NexGen Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.21 | Return On Assets (0.04) | Return On Equity 0.1583 |
The market value of NexGen Energy is measured differently than its book value, which is the value of NexGen that is recorded on the company's balance sheet. Investors also form their own opinion of NexGen Energy's value that differs from its market value or its book value, called intrinsic value, which is NexGen Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NexGen Energy's market value can be influenced by many factors that don't directly affect NexGen Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NexGen Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexGen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexGen Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.