NexGen Energy Ltd. (TSE:NXE) Director Richard J. Patricio Sells 175,000 Shares

NexGen Energy Ltd. (TSE:NXE) Director Richard J. Patricio sold 175,000 shares of NexGen Energy stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of C$9.67, for a total value of C$1,692,285.00.

NexGen Energy Price Performance

Shares of NXE opened at C$9.66 on Tuesday. NexGen Energy Ltd. has a 52-week low of C$5.84 and a 52-week high of C$12.14. The company has a debt-to-equity ratio of 19.12, a quick ratio of 8.20 and a current ratio of 1.96. The business’s 50 day moving average price is C$10.52 and its two-hundred day moving average price is C$10.12. The firm has a market cap of C$5.41 billion, a PE ratio of 87.82 and a beta of 1.82.

NexGen Energy (TSE:NXE) last released its quarterly earnings data on Wednesday, May 8th. The company reported C($0.06) EPS for the quarter, missing the consensus estimate of C($0.04) by C($0.02). On average, equities analysts anticipate that NexGen Energy Ltd. will post -0.07 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on NXE. Haywood Securities raised NexGen Energy to a “strong-buy” rating in a research note on Friday, May 17th. Raymond James cut their price objective on NexGen Energy from C$13.50 to C$13.00 in a research note on Thursday, May 9th. Finally, Scotiabank set a C$13.50 price objective on NexGen Energy and gave the stock an “outperform” rating in a research note on Monday, April 1st. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$13.28.

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.