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NXE
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NexGen Energy Ltd. (NXE)

Upturn stock ratingUpturn stock rating
$6.15
Delayed price
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PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
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Upturn Advisory Summary

02/18/2025: NXE (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -34.74%
Avg. Invested days 38
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 02/18/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.43B USD
Price to earnings Ratio 28.9
1Y Target Price 5.31
Price to earnings Ratio 28.9
1Y Target Price 5.31
Volume (30-day avg) 8141486
Beta 1.83
52 Weeks Range 4.95 - 8.96
Updated Date 02/18/2025
52 Weeks Range 4.95 - 8.96
Updated Date 02/18/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.21

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -4.1%
Return on Equity (TTM) 15.83%

Valuation

Trailing PE 28.9
Forward PE -
Enterprise Value 3352077593
Price to Sales(TTM) -
Enterprise Value 3352077593
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA 27.64
Shares Outstanding 564995968
Shares Floating 519400452
Shares Outstanding 564995968
Shares Floating 519400452
Percent Insiders 8.1
Percent Institutions 52.55

AI Summary

NexGen Energy Ltd.: A Comprehensive Overview

Company Profile

History and Background

NexGen Energy Ltd. is a Canadian uranium exploration and development company focused on the Rook I Project, located in the Athabasca Basin in Saskatchewan, Canada. The company was incorporated in 2008 and listed on the Toronto Stock Exchange (TSX) in 2012.

Core Business Areas

NexGen's primary business area is the exploration and development of uranium deposits. The company's flagship project is the Rook I Project, considered one of the largest undeveloped high-grade uranium deposits in the world. NexGen also holds interests in several other exploration projects in the Athabasca Basin.

Leadership and Corporate Structure

NexGen's leadership team comprises experienced professionals with extensive expertise in uranium exploration, development, and financing. Leigh Curyer serves as the company's President and CEO, and Michael Allen is the Chairman of the Board. NexGen operates with a lean corporate structure, employing a dedicated team of professionals focused on advancing the Rook I Project.

Top Products and Market Share

Top Products and Offerings

NexGen's primary product is the development of the Rook I uranium deposit. The company is not currently involved in the production or sale of uranium.

Market Share Analysis

NexGen is an exploration and development company without existing uranium production. Therefore, it does not hold a market share in the global or US uranium markets.

Comparison with Competitors

While NexGen does not have existing uranium production, its key competitors in the development stage include:

  • Denison Mines Corp. (DNN)
  • Cameco Corp. (CCJ)
  • Forum Energy Metals Corp. (FMC)
  • UEX Corp. (UEXCF)

Compared to its competitors, NexGen boasts a large, high-grade uranium deposit in the Rook I Project. This potential advantage positions NexGen favorably in the long term, though production is years away.

Total Addressable Market

The global uranium market is estimated to be worth around $20 billion. The market is expected to grow at a CAGR of 4.5% between 2023 and 2030 due to increasing demand for nuclear energy, particularly in Asia.

Financial Performance

Recent Financial Statements Analysis

NexGen is an exploration and development company with no current revenue or earnings. The company primarily focuses on advancing the Rook I Project, requiring significant capital expenditures.

Year-over-Year Comparison

As a pre-revenue company, NexGen's financial performance is primarily evaluated based on its expenditures and cash flow management. The company's cash burn rate has stabilized in recent quarters, demonstrating efficient capital allocation towards project development.

Cash Flow and Balance Sheet Health

NexGen's cash position is supported by equity financing rounds and partnerships. The company maintains a healthy balance sheet with minimal debt, ensuring sufficient resources to advance the Rook I Project.

Dividends and Shareholder Returns

Dividend History

NexGen is a pre-revenue company and does not currently pay dividends.

Shareholder Returns

Since its IPO in 2012, NexGen's stock price has experienced significant volatility. However, investors who purchased the stock during its IPO have seen substantial returns, particularly in 2023.

Growth Trajectory

Historical Growth

Historically, NexGen's growth has been driven by exploration success and project development milestones. The advancement of the Rook I Project has been the primary focus, attracting significant investor interest.

Future Growth Projections

Future growth is expected to be fueled by the continued development and potential future construction of the Rook I Project. Additionally, NexGen's exploration efforts and potential acquisitions could contribute to further growth.

Recent Initiatives

Recent initiatives to support future growth include:

  • Completing a feasibility study for the Rook I Project
  • Advancing permitting and regulatory approvals
  • Securing partnerships and financing for project development

Market Dynamics

Industry Trends

The uranium market is experiencing renewed interest due to increasing demand for clean energy alternatives. The growing focus on decarbonization is driving investment in nuclear power, which relies on uranium as fuel.

Company Positioning and Adaptability

NexGen is well-positioned to benefit from the rising demand for uranium with its high-grade Rook I project. The company's strong financial position and experienced leadership team allow for adaptability to changing market dynamics.

Competitors

Key Competitors (with stock symbols)

  • Denison Mines Corp. (DNN)
  • Cameco Corp. (CCJ)
  • Forum Energy Metals Corp. (FMC)
  • UEX Corp. (UEXCF)

Market Share and Competitor Comparisons

  • Denison Mines Corp. (DNN): Holds a significant market share in the Athabasca Basin uranium space.
  • Cameco Corp. (CCJ): Leading global uranium producer with a diversified portfolio.
  • Forum Energy Metals Corp. (FMC): Exploration and development company with multiple uranium projects.
  • UEX Corp. (UEXCF): Active in uranium exploration in the Athabasca Basin.

NexGen's key advantage lies in the high-grade and large-scale nature of its Rook I deposit, potentially offering lower production costs and longer mine life compared to its competitors.

Potential Challenges and Opportunities

Key Challenges

  • Regulatory Approvals: Obtaining permits and licenses for the Rook I Project remains a crucial challenge.
  • Financing: Securing funding for project development and construction is essential.
  • Market Volatility: Uranium prices can fluctuate significantly, impacting project economics.

Potential Opportunities

  • Rising Uranium Demand: The growing demand for clean energy provides a significant opportunity for uranium producers.
  • Strategic Partnerships: Collaborations with industry leaders can accelerate project development and provide access to additional resources.
  • Technological Advancements: Improvements in mining and processing technologies could enhance project economics.

Recent Acquisitions

NexGen has not made any acquisitions in the last three years.

AI-Based Fundamental Rating

Rating: 8/10

NexGen Energy Ltd.'s strong financial position, advanced project development, and potential for high-grade uranium production make it an attractive investment opportunity. However, challenges related to regulatory approvals and market volatility remain factors to consider.

Sources and Disclaimers

This analysis is based on publicly available information from sources such as NexGen Energy Ltd.'s investor relations website, company filings, industry reports, and financial news sources.

Disclaimer: This information is for general knowledge purposes only and should not be considered investment advice. It is essential to conduct thorough research and consult with a qualified financial professional before making any investment decisions.

About NexGen Energy Ltd.

Exchange NYSE
Headquaters Vancouver, BC, Canada
IPO Launch date 2016-01-04
Founder, President, CEO & Director Mr. Leigh Robert Curyer ACA, BA (Acc)
Sector Energy
Industry Uranium
Full time employees 77
Full time employees 77

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. The company is headquartered in Vancouver, Canada.

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