In the latest trading session, 1.72 million NexGen Energy Ltd (NYSE:NXE) shares changed hands as the company’s beta touched 1.93. With the company’s most recent per share price at $7.34 changing hands around $0.49 or 7.08% at last look, the market valuation stands at $3.96B. NXE’s current price is a discount, trading about -20.98% off its 52-week high of $8.88. The share price had its 52-week low at $4.43, which suggests the last value was 39.65% up since then. When we look at NexGen Energy Ltd’s average trading volume, we note the 3-month average coming to 5.39 million.
NexGen Energy Ltd (NYSE:NXE) trade information
Instantly NXE is in green as seen in intraday trades today. With action 6.46%, the performance over the past five days has been green. The jump to weekly highs of 7.33 added 7.08% to the stock’s daily price. The company’s shares are showing year-to-date upside of 4.79%, with the 5-day performance at 6.46% in the green. However, in the 30-day time frame, NexGen Energy Ltd (NYSE:NXE) is 6.30% up.
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NexGen Energy Ltd (NXE) estimates and forecasts
Data shows that the NexGen Energy Ltd share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 10.63% over the past 6 months, a -40.00% in annual growth rate that is considerably lower than the industry average of 20.20%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 88.13%. The 2024 estimates are for NexGen Energy Ltd earnings to decrease by -194.99%.
NXE Dividends
NexGen Energy Ltd is expected to release its next quarterly earnings report in August.
NexGen Energy Ltd (NYSE:NXE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 8.05% of NexGen Energy Ltd shares while 50.90% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 55.36%. There are 50.90% institutions holding the NexGen Energy Ltd stock share, with L1 Capital Pty Ltd the top institutional holder. As of Mar 31, 2024, the company held 4.29% of the shares, roughly 24.08 NXE shares worth $176.29 million.
Mirae Asset Global Investments Co., Ltd. holds the second largest percentage of outstanding shares, with 3.46% or 19.43 shares worth $142.22 million as of Mar 31, 2024.
Among Mutual Funds, the top two as of May 31, 2024 were Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF. With 25.47 shares estimated at $186.44 million under it, the former controlled 4.54% of total outstanding shares. On the other hand, Sprott Uranium Miners ETF held about 1.73% of the shares, roughly 9.69 shares worth around $70.94 million.
