In the latest trading session, 0.85 million NexGen Energy Ltd (NYSE:NXE) shares changed hands as the company’s beta touched 2.00. With the company’s most recent per share price at $4.72 changed hands at -$0.1 or -1.97% at last look, the market valuation stands at $2.69B. NXE’s current price is a discount, trading about -89.83% off its 52-week high of $8.96. The share price had its 52-week low at $4.44, which suggests the last value was 5.93% up since then. When we look at NexGen Energy Ltd’s average trading volume, we note the 10-day average is 10.88 million shares, with the 3-month average coming to 9.07 million.
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 was in red as seen in intraday trades today. With action -0.32%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -28.41%, with the 5-day performance at -0.32% in the red. However, in the 30-day time frame, NexGen Energy Ltd (NYSE:NXE) is -22.16% down. Looking at the short shares, we see there were 57.27 million shares sold at short interest cover period of 6.09 days.
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 -25.34%. The 2025 estimates are for NexGen Energy Ltd earnings to decrease by -0.84%, but the outlook for the next 5-year period is at -11.39% per year.
NexGen Energy Ltd (NYSE:NXE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 8.00% of NexGen Energy Ltd shares while 52.63% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 57.21%. There are 52.63% institutions holding the NexGen Energy Ltd stock share, with L1 CAPITAL PTY LTD the top institutional holder. As of 2024-06-30, the company held 3.9153% of the shares, roughly 30.31 million NXE shares worth $288.89 million.
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 Dec 31, 2024 were Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF. With 32.82 shares estimated at $154.9 million under it, the former controlled 5.77% of total outstanding shares. On the other hand, Sprott Uranium Miners ETF held about 2.03% of the shares, roughly 11.55 shares worth around $54.51 million.
