What is NexGen Energy Ltd (NXE) Stock Return on Shareholders’ Capital?

With 8.16 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.32 shares. The 52-week range on NXE shows that it touched its highest point at $8.31 and its lowest point at $3.49 during that stretch. It currently has a 1-year price target of $9.00. Beta for the stock currently stands at 1.93.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NXE was down-trending over the past week, with a drop of -6.40%, but this was up by 7.80% over a month. Three-month performance surged to 32.40% while six-month performance rose 62.39%. The stock gained 65.22% in the past year, while it has gained 8.57% so far this year. A look at the trailing 12-month EPS for NXE yields -0.15 with Next year EPS estimates of -0.10. For the next quarter, that number is -0.03. This implies an EPS growth rate of -82.04% for this year and 37.36% for next year.

Float and Shares Shorts:

At present, 482.53 million NXE shares are outstanding with a float of 474.41 million shares on hand for trading. On Jan 31, 2024, short shares totaled 40.32 million, which was 7.61% higher than short shares on Dec 29, 2023. In addition to Mr. Leigh Robert Curyer ACA, BA (Acc) as the firm’s Founder, President, CEO & Director, Ms. Gillian A. McCombie serves as its Vice President of Human Resources.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NXE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With NXE analysts setting a high price target of $15.69 and a low target of $7.42, the average target price over the next 12 months is $9.00. Based on these targets, NXE could surge 106.45% to reach the target high and fall by -2.37% to reach the target low. Reaching the average price target will result in a growth of 18.42% from current levels.

Summary of Insider Activity:

Insiders traded NXE stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 30 while that of sell transactions has risen to 12 over the past year. The total number of shares bought during that period was 4,944,794 while 24,170,316 shares were sold.