Insider Buying: NexGen Energy Ltd. (TSE:NXE) Director Buys C$15,966.00 in Stock

NexGen Energy Ltd. (TSE:NXEGet Free Report) Director Bradley John Wall bought 1,800 shares of NexGen Energy stock in a transaction that occurred on Friday, July 26th. The stock was purchased at an average cost of C$8.87 per share, with a total value of C$15,966.00.

Bradley John Wall also recently made the following trade(s):

  • On Friday, July 12th, Bradley John Wall sold 188,000 shares of NexGen Energy stock. The shares were sold at an average price of C$7.42, for a total transaction of C$1,395,336.00.

NexGen Energy Price Performance

Shares of NexGen Energy stock opened at C$9.20 on Thursday. The firm has a market cap of C$5.15 billion, a PE ratio of 83.64 and a beta of 1.82. The stock has a 50 day moving average of C$9.65 and a 200 day moving average of C$10.17. The company has a current ratio of 1.96, a quick ratio of 8.20 and a debt-to-equity ratio of 19.12. NexGen Energy Ltd. has a 12 month low of C$6.06 and a 12 month high of C$12.14.

NexGen Energy (TSE:NXEGet Free Report) last posted its earnings results on Wednesday, May 8th. The company reported C($0.06) EPS for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.02). On average, research analysts expect that NexGen Energy Ltd. will post -0.07 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on NXE. Ventum Financial decreased their price objective on shares of NexGen Energy from C$12.50 to C$12.00 in a research report on Monday, July 8th. Raymond James lowered their price objective on NexGen Energy from C$13.50 to C$13.00 in a research report on Thursday, May 9th. Haywood Securities upgraded NexGen Energy to a “strong-buy” rating in a research report on Friday, May 17th. Finally, Ventum Cap Mkts raised NexGen Energy to a “strong-buy” rating in a research note on Monday, July 8th. Five analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$13.14.

Check Out Our Latest Research Report on NexGen Energy

About NexGen Energy

(Get Free Report)

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.

Further Reading

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