NXE : NexGen Energy Ltd Stock Profile

Last Updated: 3/12/2024 0:47:16

NexGen Energy Ltd trades with the ticker NXE on the TSX and is in the Uranium industry.

Overview
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 100% interest in the Rook I project comprising 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. NexGen Energy Ltd. operates as a subsidiary of Mega Uranium Ltd.
 

Looking to invest in NexGen Energy Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

NXE.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $5357.732MM

PE Ratio: 62.062

Price: 7.37 (Updated: 3/12/2024 0:47:16)



NexGen Energy Ltd (NXE) vs Competitors in Uranium

Lets see how NXE.TO stacks up against others in the Uranium asset management industry. We have identified its main peers as:

Azarga Uranium Corp, Cameco Corporation, Denison Mines Corp, Energy Fuels Inc, Fission Uranium Corp

.

Uranium Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Azarga Uranium Corp (AZZ) $166.34 N/A 0.0 0.0%
Cameco Corporation (CCO) $24,157.553 67.036 31.933 0.2%
Denison Mines Corp (DML) $2,174.03 34.857 34.76 N/A%
Energy Fuels Inc (EFR) $1,341.274 9.88 -36.695 N/A%
Fission Uranium Corp (FCU) $846.091 N/A -148.884 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Uranium

  • NexGen Energy Ltd (NXE) vs Azarga Uranium Corp (AZZ)
    • NXE has higher EPS (0.16 vs -0.047). AZZ provides dividends, while NXE does not. AZZ has a P/E under 0, indicating NXE (P/E 62.062) is in a better position.
  • NexGen Energy Ltd (NXE) vs Cameco Corporation (CCO)
    • CCO has higher EPS (0.83 vs 0.16). CCO provides dividends, while NXE does not. CCO has a higher P/E ratio (67.036 vs 62.062) indicating it’s more expensive.
  • NexGen Energy Ltd (NXE) vs Denison Mines Corp (DML)
    • NXE has higher EPS (0.16 vs 0.07). NXE has a higher P/E ratio (62.062 vs 34.857) indicating it’s more expensive.
  • NexGen Energy Ltd (NXE) vs Energy Fuels Inc (EFR)
    • EFR has higher EPS (0.83 vs 0.16). NXE has a higher P/E ratio (62.062 vs 9.88) indicating it’s more expensive.
  • NexGen Energy Ltd (NXE) vs Fission Uranium Corp (FCU)
    • NXE has higher EPS (0.16 vs -0.01). FCU has a P/E under 0, indicating NXE (P/E 62.062) is in a better position.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
 

How to Buy NXE stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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