NexGen Energy (NXE) to Release Quarterly Earnings on Wednesday

NexGen Energy (NYSE:NXE) will be releasing its earnings results after the market closes on Wednesday, August 7th. Analysts expect NexGen Energy to post earnings of ($0.03) per share for the quarter.

NexGen Energy (NYSE:NXE) last announced its quarterly earnings results on Wednesday, May 8th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.01). 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 Trading Up 0.2 %

NXE traded up $0.01 during trading hours on Tuesday, hitting $5.47. The company’s stock had a trading volume of 4,363,980 shares, compared to its average volume of 5,888,523. The business’s 50-day moving average price is $6.91 and its 200-day moving average price is $7.42. NexGen Energy has a 12 month low of $4.62 and a 12 month high of $8.88. The stock has a market cap of $3.07 billion, a price-to-earnings ratio of -557.00 and a beta of 1.93.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on NXE. Ventum Cap Mkts upgraded shares of NexGen Energy to a “strong-buy” rating in a research report on Monday, July 8th. Haywood Securities upgraded shares of NexGen Energy to a “strong-buy” rating in a research report on Friday, May 17th.

About NexGen Energy

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 100% interest in the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.