NexGen Energy (TSE:NXE) Stock Price Down 3.2% – What’s Next?

NexGen Energy Ltd. (TSE:NXE) was down 3.2% on Thursday . The company traded as low as C$13.90 and last traded at C$14.09. Approximately 1,507,036 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 2,004,159 shares. The stock had previously closed at C$14.55.

NexGen Energy Price Performance

The company has a 50 day simple moving average of C$13.76 and a 200-day simple moving average of C$15.32. The stock has a market cap of C$10.00 billion, a price-to-earnings ratio of -35.50 and a beta of 1.19. The company has a current ratio of 1.46, a quick ratio of 8.20 and a debt-to-equity ratio of 33.24.

NexGen Energy (TSE:NXE) last posted its quarterly earnings data on Wednesday, August 5th. The company reported C($0.02) earnings per share (EPS) for the quarter. Research analysts expect that NexGen Energy Ltd. will post -0.07 EPS for the current year.

NexGen Energy Company Profile

NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company’s flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure.