Perhaps timely catching NexGen Energy Ltd (NXE) would be a good idea

With 10.36 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.21 million shares. The 52-week range on NXE shows that it touched its highest point at $8.96 and its lowest point at $3.91 during that stretch. It currently has a 1-year price target of $9.07. Beta for the stock currently stands at 1.51.

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 up-trending over the past week, with a rise of 2.28%, but this was up by 28.95% over a month. Three-month performance dropped to -19.31% while six-month performance fell -26.77%. The stock lost -34.03% in the past year, while it has lost -18.33% so far this year. A look at the trailing 12-month EPS for NXE yields -0.13 with Next year EPS estimates of -0.10. For the next quarter, that number is -0.03. This implies an EPS growth rate of 1.53% for this year and -6.73% for next year. EPS is expected to decline by -8.29% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -25.34%.

Float and Shares Shorts:

At present, 569.09 million NXE shares are outstanding with a float of 521.51 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NXE since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.06123327 being high and -$0.09184991 being low. For NXE, this leads to a yearly average estimate of -$0.07654159.