NexGen Energy Ltd. (TSE:NXE) Director Acquires C$15,075,000.00 in Stock

NexGen Energy Ltd. (TSE:NXE) Director Leigh Robert Curyer bought 1,500,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average price of C$10.05 per share, for a total transaction of C$15,075,000.00.

Leigh Robert Curyer also recently made the following trade(s):

• On Thursday, December 12th, Leigh Robert Curyer sold 1,250,000 shares of NexGen Energy stock. The shares were sold at an average price of C$11.55, for a total transaction of C$14,442,875.00.

NexGen Energy Stock Performance

Shares of NXE opened at C$10.75 on Monday. The company has a debt-to-equity ratio of 39.09, a current ratio of 1.20 and a quick ratio of 8.20. NexGen Energy Ltd. has a one year low of C$7.04 and a one year high of C$12.51. The company’s fifty day moving average price is C$10.67 and its 200 day moving average price is C$9.53. The company has a market capitalization of C$6.07 billion, a PE ratio of 63.24 and a beta of 1.76.

NexGen Energy (TSE:NXE) last posted its quarterly earnings data 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 period last year, the company posted ($0.03) earnings per share. As a group, analysts expect that NexGen Energy Ltd. will post -0.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NXE. Cormark raised their price objective on NexGen Energy from C$13.00 to C$13.50 in a research report on Wednesday, November 20th. Scotiabank boosted their price objective on shares of NexGen Energy from C$12.75 to C$14.00 in a research report on Wednesday, November 20th. National Bankshares increased their target price on shares of NexGen Energy from C$11.00 to C$13.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Raymond James boosted their price target on shares of NexGen Energy from C$12.00 to C$13.50 in a report on Wednesday, November 20th. Finally, Royal Bank of Canada increased their price objective on NexGen Energy from C$10.00 to C$15.00 in a report on Thursday, November 21st. Seven analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, NexGen Energy has an average rating of “Buy” and a consensus target price of C$14.42.

NexGen Energy Company Profile

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.