In the latest trading session, 1.78 million NexGen Energy Ltd (NYSE:NXE) shares changed hands as the company’s beta touched 1.98. With the company’s most recent per share price at $5.62 changing hands around $0.28 or 5.34% at last look, the market valuation stands at $3.18B. NXE’s current price is a discount, trading about -59.43% off its 52-week high of $8.96. The share price had its 52-week low at $4.95, which suggests the last value was 11.92% up since then.
Analysts gave the NexGen Energy Ltd (NXE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.06. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NXE as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
NexGen Energy Ltd (NYSE:NXE) trade information
Instantly NXE is in green as seen in intraday trades today. With action -4.98%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -14.77%, with the 5-day performance at -4.98% in the red. However, in the 30-day time frame, NexGen Energy Ltd (NYSE:NXE) is -7.64% down.
NexGen Energy Ltd (NXE) estimates and forecasts
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 2025 estimates are for NexGen Energy Ltd earnings to decrease by -145.63%.
NexGen Energy Ltd (NYSE:NXE)’s Major holders
MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds the second largest percentage of outstanding shares, with 3.6932% or 28.59 million shares worth $199.35 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF. With 33.75 shares estimated at $189.31 million under it, the former controlled 5.93% of total outstanding shares. On the other hand, Sprott Uranium Miners ETF held about 2.03% of the shares, roughly 11.56 shares worth around $64.85 million.
