NexGen Energy Ltd. (TSE:NXE) Director Leigh Robert Curyer Purchases 1,500,000 Shares

NexGen Energy Ltd. (TSE:NXE) Director Leigh Robert Curyer purchased 1,500,000 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was bought at an average price of C$10.05 per share, with a total value 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 value of C$14,442,875.00.

NexGen Energy Stock Performance

NexGen Energy stock traded up C$0.22 during midday trading on Friday, hitting C$10.75. The company’s stock had a trading volume of 1,809,672 shares, compared to its average volume of 1,969,797. The company has a debt-to-equity ratio of 39.09, a current ratio of 1.20 and a quick ratio of 8.20. The company has a market cap of C$6.07 billion, a price-to-earnings ratio of 63.24 and a beta of 1.76. NexGen Energy Ltd. has a 1-year low of C$7.04 and a 1-year high of C$12.51. The company has a 50-day moving average price of C$10.67 and a two-hundred day moving average price of C$9.53.

NexGen Energy (TSE:NXE) last issued its quarterly earnings results on Thursday, November 7th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.04) by C($0.01). During the same quarter last year, the company posted ($0.03) earnings per share. As a group, sell-side analysts predict that NexGen Energy Ltd. will post -0.07 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have commented on NXE shares. Royal Bank of Canada increased their price target on shares of NexGen Energy from C$10.00 to C$15.00 in a research note on Thursday, November 21st. National Bankshares raised their price objective on NexGen Energy from C$11.00 to C$13.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Haywood Securities boosted their target price on NexGen Energy from C$12.50 to C$13.75 in a report on Wednesday, November 20th. Raymond James raised their price target on NexGen Energy from C$12.00 to C$13.50 in a report on Wednesday, November 20th. Finally, Cormark upped their price objective on shares of NexGen Energy from C$13.00 to C$13.50 in a report on Wednesday, November 20th. Seven equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$14.42.

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.