NexGen Energy (NXE) to Release Earnings on Wednesday

NexGen Energy (NYSE:NXE) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter.

NexGen Energy Stock Up 3.1%

Shares of NYSE NXE opened at $5.72 on Monday. NexGen Energy has a twelve month low of $3.91 and a twelve month high of $8.96. The company has a market cap of $3.26 billion, a PE ratio of 38.14 and a beta of 1.50. The business’s 50 day moving average price is $4.83 and its two-hundred day moving average price is $6.27.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Scotiabank reaffirmed an “outperform” rating on shares of NexGen Energy in a research report on Thursday, March 6th. Stifel Nicolaus initiated coverage on shares of NexGen Energy in a research note on Wednesday, March 12th. They issued a “buy” rating on the stock. Stifel Canada upgraded shares of NexGen Energy to a “strong-buy” rating in a research report on Tuesday, March 11th. Finally, Raymond James restated an “outperform” rating on shares of NexGen Energy in a research report on Friday, April 4th. Three research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Strong Buy”.

NexGen Energy Company Profile

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.