Understanding NexGen Energy Ltd (NXE)’s financial health through ratios

NexGen Energy Ltd (NYSE: NXE) closed the day trading at $7.98 down -5.34% from the previous closing price of $8.43. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 10651614 shares were traded.

Ratios:

For a better understanding of NXE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.00 and its Current Ratio is at 11.00. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.19.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NXE now has a Market Capitalization of 4.30B and an Enterprise Value of 4.20B. As of this moment, NexGen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 77.25.

Stock Price History:

Over the past 52 weeks, NXE has reached a high of $8.88, while it has fallen to a 52-week low of $3.49. The 50-Day Moving Average of the stock is 7.61, while the 200-Day Moving Average is calculated to be 6.27.

Shares Statistics:

Over the past 3-months, NXE traded about 6.74M shares per day on average, while over the past 10 days, NXE traded about 6.43M shares per day. A total of 525.34M shares are outstanding, with a floating share count of 492.44M. Insiders hold about 8.73% of the company’s shares, while institutions hold 48.63% stake in the company. Shares short for NXE as of Mar 15, 2024 were 39.98M with a Short Ratio of 5.94, compared to 39.22M on Feb 15, 2024.

Earnings Estimates

Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.04, while EPS last year was -$0.01. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.04.

Analysts are recommending an EPS of between -$0.1 and -$0.15 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.12, with 3 analysts recommending between -$0.07 and -$0.16.

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