NexGen Energy Ltd. (TSE:NXE) Director Leigh Robert Curyer Sells 1,250,000 Shares of Stock

NexGen Energy Ltd. (TSE:NXE) Director Leigh Robert Curyer sold 1,250,000 shares of the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of C$11.55, for a total transaction of C$14,442,875.00.

NexGen Energy Stock Down 3.6 %

NXE stock opened at C$10.69 on Friday. The company has a current ratio of 1.20, a quick ratio of 8.20 and a debt-to-equity ratio of 39.09. NexGen Energy Ltd. has a twelve month low of C$7.04 and a twelve month high of C$12.51. The company’s 50 day moving average is C$10.63 and its two-hundred day moving average is C$9.56. The stock has a market cap of C$6.04 billion, a P/E ratio of 62.88 and a beta of 1.76.

NexGen Energy (TSE:NXE) last released its quarterly earnings data on Thursday, November 7th. The company reported C($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.01). During the same period in the prior year, the business earned ($0.03) EPS. Research analysts expect that NexGen Energy Ltd. will post -0.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Royal Bank of Canada raised their price objective on shares of NexGen Energy from C$10.00 to C$15.00 in a research note on Thursday, November 21st. Scotiabank raised their price objective on shares of NexGen Energy from C$12.75 to C$14.00 in a research note on Wednesday, November 20th. National Bankshares raised their price objective on shares of NexGen Energy from C$11.00 to C$13.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Ventum Financial raised their price objective on shares of NexGen Energy from C$12.00 to C$14.00 and gave the company a “buy” rating in a research note on Thursday, August 22nd. Finally, Cormark raised their price objective on shares of NexGen Energy from C$13.00 to C$13.50 in a research note on Wednesday, November 20th. Seven research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of C$14.42.

About NexGen Energy

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.