NexGen Energy Ltd (NYSE:NXE)’s traded shares stood at 2.0 million during the latest session, with the company’s beta value hitting 1.95. At the last check today, the stock’s price was $6.51, to imply an increase of 0.93% or $0.06 in intraday trading. The NXE share’s 52-week high remains $8.96, putting it -37.63% down since that peak but still an impressive 23.96% since price per share fell to its 52-week low of $4.95. The company has a valuation of $3.68B, with an average of 9.91 million shares in intraday trading volume over the past 10 days and average of 7.64 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for NexGen Energy Ltd (NXE), translating to a mean rating of 1.06. Of 2 analyst(s) looking at the stock, 0 analyst(s) give NXE a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
NexGen Energy Ltd (NYSE:NXE) trade information
After registering a 0.93% upside in the latest session, NexGen Energy Ltd (NXE) has traded red over the past five days. The 5-day price performance for the stock is -0.76%, and -7.53% over 30 days. With these gigs, the year-to-date price performance is -1.36%. Short interest in NexGen Energy Ltd (NYSE:NXE) saw shorts transact 51.69 million shares and set a 7.99 days time to cover.
NexGen Energy Ltd (NXE) estimates and forecasts
Looking at statistics comparing NexGen Energy Ltd share performance against respective industry, we note that the company has outperformed competitors. NexGen Energy Ltd (NXE) shares are 21.01% up over the last 6 months, with its year-to-date growth rate higher than industry average at 50.00% against 7.60%.
NXE Dividends
NexGen Energy Ltd has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
NexGen Energy Ltd (NYSE:NXE)’s Major holders
NexGen Energy Ltd insiders hold 8.10% of total outstanding shares, with institutional holders owning 52.87% of the shares at 57.53% float percentage. In total, 52.87% institutions holds shares in the company, led by L1 CAPITAL PTY LTD. As of 2024-06-30, the company held over 30.31 million shares (or 5.4964% of shares), all amounting to roughly $288.89 million.
The next major institution holding the largest number of shares is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with 28.59 million shares, or about 5.1845% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $199.35 million.
We also have Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF as the top two Mutual Funds with the largest holdings of the NexGen Energy Ltd (NXE) shares. Going by data provided on Nov 30, 2024 , Global X Fds-Global X Uranium ETF holds roughly 33.75 shares. This is just over 5.93% of the total shares, with a market valuation of $220.35 million. Data from the same date shows that the other fund manager holds a little less at 11.56, or 2.03% of the shares, all valued at about 75.49 million.
