In the last trading session, 6.39 million shares of the NexGen Energy Ltd (NYSE:NXE) were traded, and its beta was 1.90. Most recently the company’s share price was $7.77, and it changed around $0.08 or 1.04% from the last close, which brings the market valuation of the company to $4.19B. NXE currently trades at a discount to its 52-week high of $8.31, offering almost -6.95% off that amount. The share price’s 52-week low was $3.49, which indicates that the current value has risen by an impressive 55.08% since then. We note from NexGen Energy Ltd’s average daily trading volume that its 10-day average is 4.93 million shares, with the 3-month average coming to 6.45 million.
NexGen Energy Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 1.12. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended NXE as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. NexGen Energy Ltd is expected to report earnings per share of -$0.03 for the current quarter.
NexGen Energy Ltd (NYSE:NXE) trade information
Instantly NXE has showed a green trend with a performance of 1.04% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 11.00% year-to-date, but still up 0.39% over the last five days. On the other hand, NexGen Energy Ltd (NYSE:NXE) is 11.64% up in the 30-day period. We can see from the shorts that 39.98 million shares have been sold at a short interest cover period of 6.16 day(s).
NexGen Energy Ltd (NXE) estimates and forecasts
NexGen Energy Ltd share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 30.37 percent over the past six months and at a 0.00% annual growth rate that is well below the industry average of 18.40%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 88.13%.
NXE Dividends
NexGen Energy Ltd’s next quarterly earnings report is expected to be released around May 01 and May 06.
NexGen Energy Ltd (NYSE:NXE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 8.03% of NexGen Energy Ltd shares, and 48.39% of them are in the hands of institutional investors. The stock currently has a share float of 52.61%. NexGen Energy Ltd stock is held by 297 institutions, with Mirae Asset Global Investments Co., Ltd. being the largest institutional investor. By Jun 29, 2023, it held 4.05% of the shares, which is about 21.15 million shares worth $99.61 million.
L1 Capital Pty Ltd, with 3.18% or 16.62 million shares worth $78.29 million as of Jun 29, 2023, holds the second largest percentage of outstanding shares.
Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF were the top two Mutual Funds as of Sep 29, 2023. The former held 22.3 million shares worth $133.15 million, making up 4.27% of all outstanding shares. On the other hand, Sprott Uranium Miners ETF held roughly 10.18 million shares worth around $47.95 million, which represents about 1.95% of the total shares outstanding.
