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

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

NexGen Energy Stock Performance

NXE stock traded down C$0.40 during trading on Friday, reaching C$10.69. The company had a trading volume of 1,213,116 shares, compared to its average volume of 1,927,272. The company has a market cap of C$6.04 billion, a price-to-earnings ratio of 63.00 and a beta of 1.76. NexGen Energy Ltd. has a twelve month low of C$7.04 and a twelve month high of C$12.51. The company has a debt-to-equity ratio of 39.09, a quick ratio of 8.20 and a current ratio of 1.20. The firm has a 50-day simple moving average of C$10.63 and a 200-day simple moving average of C$9.56.

NexGen Energy (TSE:NXE) last issued its earnings results on Thursday, November 7th. The company reported C($0.05) EPS for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.01). During the same quarter in the previous year, the firm posted ($0.03) earnings per share. As a group, sell-side analysts expect that NexGen Energy Ltd. will post -0.07 earnings per share for the current year.

Wall Street Analyst Weigh In

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