Education
About Us
Working with TipRanks
Follow Us
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs (AU:NXG)
ASX:NXG
RESEARCH TOOLSreports
Top Page
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs
(Sydney:NXG)
52Neutral
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs (NXG) vs. S&P 500 (SPY)
Market Cap
AU$4.72B
Dividend YieldN/A
Average Volume (3M)436.65K
Price to Earnings (P/E)27.4
Beta (1Y)1.73
Revenue GrowthN/A
EPS Growth-195.48%
CountryAU
Employees133
SectorGeneral
Sector StrengthN/A
IndustryUranium
Share Statistics
EPS (TTM)N/A
Shares Outstanding569,088,500
10 Day Avg. Volume623,983
30 Day Avg. Volume436,652
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$13.20Price Target Upside50.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs Business Overview & Revenue Model
Company DescriptionNexGen 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.
How the Company Makes MoneyNexGen Energy Ltd. generates revenue primarily through the exploration and development of uranium resources. Its main revenue stream is expected to come from the sale of uranium extracted from its projects, particularly the Rook I Project. NexGen's business model involves advancing its uranium deposits through stages of exploration, development, and eventually production, which will enable it to sell uranium to energy producers and utilities worldwide. Additionally, the company may engage in partnerships or joint ventures with other energy firms to enhance its operational capabilities and market reach. NexGen's earnings are influenced by uranium market prices, global energy demand, and its ability to efficiently bring its projects to production.
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | EBIT |
| -82.93M | -59.86M | -125.36M | -113.79M | -15.62M | EBITDA |
| -83.72M | -58.13M | -50.04M | -22.27M | -24.02M | Net Income Common Stockholders |
| 80.82M | -56.59M | -119.09M | -109.83M | -15.53M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 290.74M | 140.22M | 211.12M | 74.02M | 52.12M | Total Assets |
| 1.01B | 554.56M | 546.56M | 357.39M | 313.53M | Total Debt |
| 160.42M | 82.48M | 75.18M | 230.88M | 122.23M | Net Debt |
| -130.32M | -51.96M | -126.62M | 156.86M | 70.11M | Total Liabilities |
| 187.41M | 99.14M | 85.22M | 238.14M | 127.18M | Stockholders Equity |
| 820.02M | 417.88M | 433.61M | 94.25M | 164.70M |
| Cash Flow | Free Cash Flow | |||
| -58.68M | -20.53M | -63.70M | -28.86M | -70.49M | Operating Cash Flow |
| -52.62M | -20.18M | -16.79M | -10.62M | -12.81M | Investing Cash Flow |
| -160.14M | -68.05M | -46.71M | -18.24M | -57.68M | Financing Cash Flow |
| 368.89M | 19.86M | 191.35M | 51.23M | -1.41M |
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs Technical Analysis
Positive
8.80
Price Trends
7.76
Positive
9.35
Negative
9.85
Negative
Market Momentum
0.28
Negative
64.97
Neutral
77.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NXG, the sentiment is Positive. The current price of 8.8 is above the 20-day moving average (MA) of 7.79, above the 50-day MA of 7.76, and below the 200-day MA of 9.85, indicating a neutral trend. The MACD of 0.28 indicates Negative momentum. The RSI at 64.97 is Neutral, neither overbought nor oversold. The STOCH value of 77.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NXG.
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs Peers Comparison
Overall Rating
UnderperformOutperform
Sector (56)
Financial Indicators
Performance Comparison
AU:NXG
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs
9.17
-2.73
-22.94%
PALAF
Paladin Energy Ltd
4.09
-6.65
-61.92%
BNNLF
Bannerman Energy
1.75
-1.21
-40.88%
DYLLF
Deep Yellow Limited
0.84
-0.24
-22.22%
EGRAF
Energy Resources of Australia Class A
0.02
-0.02
-50.00%
AU:AGE
Alligator Energy Ltd
0.03
-0.03
-50.00%
NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs Earnings Call Summary
Earnings Call Date:May 01, 2025
(Q3-2024)
| % Change Since: 5.90%|
Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment Positive
The earnings call reflects a generally positive sentiment with strong financials, significant progress on key projects, and increased interest from utilities, although some regulatory and project execution delays are noted.Q3-2024 Updates
Positive Updates
Strong Financial Position
NexGen maintains a strong financial position with approximately CAD 540 million in cash and another CAD 34 million in strategic uranium inventory.
Significant Progress on Rook 1 Project
The Rook 1 Project is advancing with detailed engineering, procurement, training and development, uranium marketing, exploration and permitting. The Canadian Nuclear Safety Commission is finalizing the remaining aspects of the regulatory approval process.
Positive Exploration Results at Patterson Corridor East
The completion of the 2024 drilling campaign delivered exceptional results with the discovery of a broad and continuous new uranium deposit.
Increased Utility Interest
There has been a material increase in utility interest and activity in uranium offtake contract negotiations, with a focus on Western world production and diversification.
Community and Sustainability Initiatives
Expanded community mentorship and education programs, including engaging more summer students and launching the 'Pathways to Your Future Career in Mining' program.
WMC Partnership for Uranium Marketing
NexGen has established an exclusive relationship with WMC, a highly experienced uranium marketing firm, to enhance its marketing approach.
Negative Updates
Regulatory Process Delays
The approval process for the Rook 1 Project's environmental impact statement is still ongoing, with no definite timeline for conclusion, potentially affecting project timelines.
Shaft Award Progressing Slowly
The progress on the Shaft award has been slower than anticipated, with detailed engineering and procurement phases still being advanced.
Company Guidance
During NexGen Energy's Q3 2024 Financial Results Conference Call, CEO Leigh Curyer highlighted numerous metrics indicative of robust progress and future potential. The company reported a strong financial position with approximately CAD 540 million in cash and CAD 34 million in strategic uranium inventory. The drilling campaign at Patterson Corridor East completed over 34,000 meters across 46 holes, revealing significant mineralization, including multiple high-grade intersections with counts per second (cps) readings surpassing 61,000. The Rook 1 Project is advancing, with regulatory approvals nearing completion, and sustainable initiatives, such as a new solar power plant, underpinning their commitment to environmental stewardship. NexGen is in active offtake contract negotiations with multiple utilities, reflecting heightened interest due to favorable nuclear energy demand trends, with major tech companies recognizing nuclear energy's role in meeting AI's power demands.NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs Corporate Events
NexGen Energy Ltd. Reports Increase in CDIs for April 2025
May 5, 2025
NexGen Energy Ltd. has announced an increase in the number of Chess Depository Interests (CDIs) issued over its quoted securities, with a net addition of 1,907,203 CDIs in April 2025. This change is attributed to net transfers of securities between CDIs and common shares, as quoted on the Toronto Stock Exchange and New York Stock Exchange. The announcement reflects the company’s ongoing adjustments in its securities management, which may impact its market positioning and stakeholder interests.
NexGen Energy Announces Annual Meeting Details
Apr 8, 2025
NexGen Energy Ltd. has announced details regarding its upcoming Annual General and Special Meeting of Security Holders. The meeting is scheduled for June 17, 2025, in Vancouver, BC, with a record date for notice and voting set for May 1, 2025. The company will be paying for the delivery of proxy-related materials to objecting beneficial owners, while notice and access requirements are applicable for both beneficial and registered holders.
NexGen Energy Ltd. Reports Increase in CDIs for March 2025
Apr 3, 2025
NexGen Energy Ltd. has announced an increase in the number of Chess Depository Interests (CDIs) issued over quoted securities, with a net addition of 6,393,022 CDIs for March 2025. This change is attributed to net transfers between CDIs and common shares listed on the Toronto Stock Exchange and New York Stock Exchange. The announcement reflects the company’s ongoing adjustments in its securities management, which could impact its market positioning and stakeholder interests.
NexGen Energy Unveils Landmark Uranium Discovery at Rook I Property
Mar 25, 2025
NexGen Energy Ltd. has announced a significant discovery at its Rook I property, marking the best drilling result to date with the RK-25-232 hole. This discovery has expanded the high-grade subdomain at Patterson Corridor East, doubling its size and indicating a rich uranium concentration. The development is seen as a transformative moment for the company, potentially rivaling its Arrow deposit, and underscores the importance of optimizing Canada’s energy fuel resources. The company is poised to commence construction on the Rook I Project, pending regulatory approval, highlighting its strategic positioning in the uranium market.
NexGen Energy Updates CDI Issuance for January 2025
Feb 5, 2025
NexGen Energy Ltd. has announced a change in the number of its CHESS Depositary Interests (CDIs) on issue for January 2025. The company reported a net decrease of 3,364,257 CDIs as a result of net transfers of securities between CDIs and common shares held on the Toronto Stock Exchange and New York Stock Exchange. This shift in securities could influence the company’s market presence and shareholder dynamics.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.