NexGen Energy Ltd (NYSE:NXE) has a beta value of 1.99 and has seen 1.61 million shares traded in the recent trading session. The company, currently valued at $2.77B, closed the recent trade at $4.88 per share which meant it gained $0.14 on the day or 2.85% during that session. The NXE stock price is -83.61% off its 52-week high price of $8.96 and 9.02% above the 52-week low of $4.44. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.6 million shares traded. The 3-month trading volume is 8.86 million shares.
The consensus among analysts is that NexGen Energy Ltd (NXE) is Buy stock at the moment, with a recommendation rating of 1.07. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
NexGen Energy Ltd (NYSE:NXE) trade information
Sporting 2.85% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the NXE stock price touched $4.88 or saw a rise of 4.13%. Year-to-date, NexGen Energy Ltd shares have moved -26.14%, while the 5-day performance has seen it change -1.52%. Over the past 30 days, the shares of NexGen Energy Ltd (NYSE:NXE) have changed -25.12%. Short interest in the company has seen 57.27 million shares shorted with days to cover at 6.09.
NexGen Energy Ltd (NXE) estimates and forecasts
The company’s shares have lost -8.36% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.00%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -25.34% over the past 5 years. Earnings growth for 2025 is a modest -6.81% while over the next 5 years, the company’s earnings are expected to decrease by -18.78%.
NXE Dividends
NexGen Energy Ltd is expected to release its next earnings report on 2025-Mar-03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
NexGen Energy Ltd (NYSE:NXE)’s Major holders
Insiders own 8.00% of the company shares, while shares held by institutions stand at 52.62% with a share float percentage of 57.20%. Investors are also buoyed by the number of investors in a company, with NexGen Energy Ltd having a total of 347.0 institutions that hold shares in the company. The top two institutional holders are L1 CAPITAL PTY LTD with over 30.31 million shares worth more than $288.89 million. As of 2024-06-30, L1 CAPITAL PTY LTD held 3.9153% of shares outstanding.
The other major institutional holder is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD., with the holding of over 28.59 million shares as of 2024-06-30. The firm’s total holdings are worth over $199.35 million and represent 3.6932% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF. As of Dec 31, 2024, the former fund manager holds about 5.77% shares in the company for having 32.82 shares of worth $159.48 million while later fund manager owns 11.55 shares of worth $56.12 million as of Dec 31, 2024, which makes it owner of about 2.03% of company’s outstanding stock.
