Jefferies Financial Group Analysts Give NexGen Energy (TSE:NXE) a C$21.00 Price Target

Jefferies Financial Group set a C$21.00 target price on NexGen Energy (TSE:NXE) in a research report sent to investors on Thursday, MarketBeat Ratings reports. The brokerage currently has a buy rating on the stock.

NexGen Energy Stock Performance

Shares of NXE opened at C$14.89 on Thursday. The stock has a 50-day moving average of C$13.80 and a two-hundred day moving average of C$15.24. NexGen Energy has a one year low of C$10.34 and a one year high of C$18.91. The company has a debt-to-equity ratio of 33.24, a quick ratio of 8.20 and a current ratio of 1.46. The stock has a market cap of C$9.98 billion, a P/E ratio of -35.45 and a beta of 1.36.

NexGen Energy (TSE:NXE) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C($0.02) earnings per share for the quarter. As a group, research analysts predict that NexGen Energy 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.