NexGen Energy (TSE:NXE) PT Raised to C$14.00 at Raymond James

NexGen Energy (TSE:NXE) had its price objective lifted by Raymond James from C$12.00 to C$14.00 in a research note released on Tuesday morning, BayStreet.CA reports.

Several other research analysts have also recently issued reports on NXE. Eight Capital upped their target price on shares of NexGen Energy from C$13.00 to C$21.00 and gave the company a buy rating in a report on Monday, January 15th. Cormark lifted their target price on NexGen Energy from C$11.50 to C$13.75 in a research note on Thursday, February 8th. Finally, Scotiabank set a C$13.50 target price on NexGen Energy and gave the company an outperform rating in a research note on Monday, April 1st.

NexGen Energy Trading Up 3.3 %

Shares of NXE stock opened at C$10.88 on Tuesday. The company has a debt-to-equity ratio of 19.56, a quick ratio of 8.20 and a current ratio of 11.00. The stock has a market capitalization of C$5.87 billion, a P/E ratio of 68.00 and a beta of 1.80. The company has a 50 day moving average price of C$10.40 and a 200 day moving average price of C$9.56. NexGen Energy has a fifty-two week low of C$4.91 and a fifty-two week high of C$12.00.

NexGen Energy (TSE:NXE) last issued its quarterly earnings results on Wednesday, March 6th. The company reported C($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.02) by C($0.06). Equities research analysts predict that NexGen Energy will post -0.07 EPS for the current fiscal year.

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 100% interest in the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.