NexGen Energy (TSE:NXE) PT Set at C$21.00 by Jefferies Financial Group

NexGen Energy (TSE:NXE) has been given a C$21.00 price objective by analysts at Jefferies Financial Group in a research report issued on Thursday, BayStreet reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 43.44% from the company’s current price.

NexGen Energy Stock Performance

TSE:NXE traded up C$0.52 during midday trading on Thursday, reaching C$14.64. 727,465 shares of the company traded hands, compared to its average volume of 1,972,281. The firm has a market capitalization of C$9.82 billion, a price-to-earnings ratio of -34.86 and a beta of 1.19. The company has a fifty day moving average price of C$13.76 and a 200 day moving average price of C$15.25. The company has a debt-to-equity ratio of 33.24, a current ratio of 1.46 and a quick ratio of 8.20. NexGen Energy has a twelve month low of C$10.34 and a twelve month high of C$18.91.

NexGen Energy (TSE:NXE) last issued its earnings results on Wednesday, August 5th. The company reported C($0.02) earnings per share for the quarter. On average, analysts expect that NexGen Energy will post -0.07 EPS for the current fiscal year.

About NexGen Energy

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.