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Investor Insights

This summary was created by AI, based on 7 opinions in the last 12 months.

NexGen Energy (NXE-T) seems to have a strong potential in the uranium sector, with the largest undeveloped uranium deposit in the world. The company's performance is tied to the growing demand for energy and nuclear power, but experts have expressed concerns about management decisions and the company's financial metrics. Overall, there is optimism about the long-term prospects of the company, but it also comes with higher risk due to its current lack of production and revenue.

Consensus
Optimistic
Valuation
Undervalued
BUY
NexGen Energy

Broken out to new highs. Benefits from falling interest rates, which should continue in Canada even if not in the US. Energy is a foundation of our economy, and as our economy grows we'd expect energy demand to grow as well. May have additional boost from newer sectors, like nuclear, growing more rapidly.

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SELL
NexGen Energy

Came out of the position. Raised money, turned around and bought uranium, which was at odds with shareholders' ultimate best interests. Better use is to build up the company. Great asset, but that move was off-strategy.

0
RISKY
NexGen Energy

He holds it in an aggressive account and not the conservative one. He doesn't like the chart right now but if it dropped to $7 and bounced off, it would look interesting.

0
RISKY
NexGen Energy

Largest undeveloped uranium deposit in the world. The bet is that the deposit is as good as test results say, and he thinks it is. Bullish on uranium. Real question is does the world need that much new uranium, or will we get a resolution for other global producers? Nuclear renaissance, contributing to increasing demand. Higher risk, since it doesn't produce either commodity or revenue yet.

Mine will probably get built. If you have the risk appetite, good entry point with the pullback. He owns CCO, bigger and actually producing.

0
HOLD
NexGen Energy

Company's doing quite well. Recent earnings indicate some challenges. Would love to see consistent profitability, improve cashflow, reduce debt, execute on strategy a bit better.

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PARTIAL BUY
NexGen Energy

Very strong demand for Uranium. Nuclear energy appears to be solution to long term power demands. Eastern European Uranium appears to be compromised. Great resource that has lots of opportunity. Management compensation very high, with questionable capital allocation at times. Would recommend a small position. 

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WEAK BUY
NexGen Energy

Alternative energy companies haven't done well. Whole uranium sector's been doing well. With the Russia-Ukraine conflict, Canadian uranium's at a premium. A secondary play, may end up doing well. He prefers CCO.

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RISKY
NexGen Energy

More of a a uranium developer with many large, undeveloped uranium deposits. They just got a permit in Saskatchewan to develop a mine there. The uranium market is growing tight; is a big uptick in electrical utility contracting for uranium to shore up supply. This mine will get built. Things look good, but the company is a little speculative and beyond his risk tolerance.

0
DON'T BUY
NexGen Energy

Uranium has done well but the fast pace may slow down. Wage, materials and interest costs are up so you need to look ahead several years. Wait for a better entry level.

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COMMENT
NexGen Energy

Uranium is hot now and he likes commodities. Nuclear is the history of power. NXE looks overbought now after recently breaking out of its trading range. A high chance it will pull back to its neckline. That's fine as long as it doesn't keep falling.

0
DON'T BUY
NexGen Energy

Is no cash flow, but they're sitting on two monster uranium deposits in Saskatchewan. He likes uranium. The Fukushima disaster is behind us and mindsets are embracing nuclear energy again. This is likely a take-out target given their deposits. It's too speculative for him. They aren't producing and lack cash flow. That said, you can study this to see if there is value, given those deposits.

0
WAIT
NexGen Energy

He likes the uranium space a lot and feels it will do well.  He has sold some uranium stocks at a good profit. NexGen has not yet broken the lid so be neutral on the stock at this time. There are different levels of resistance.

0
RISKY
NexGen Energy
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

NXE is a $2.7B company that is pre-revenue that operates in the exploration and development of uranium properties in Canada. It has a decent cash balance of $141.3M and an equity position of $481.9M. It does not generate free cash flow, and mostly issues shares and debt to fund its operations. It has performed well over the years, supported by a growing interest in nuclear energy. We like NXE as part of a play on nuclear energy, but would be mindful of its smaller size, that it is pre-revenue, and higher risks from the nuclear energy industry. 
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0
RISKY
NexGen Energy
NXE vs. CCO

Two very different beasts in the same industry. NXE will probably have the next project built in Canada. CCO is the granddaddy of traditional mining. Buy NXE if you're looking for the rerate, but with it comes risk. Doesn't see an issue getting fully financed, but then comes execution. Track record for things going according to plan is not great for mining. 

CCO is your best way to get exposure to uranium, which is undergoing a renaissance. Predictability, bit of a dividend, real upside from today's uranium price.

0
BUY
NexGen Energy

Uranium is part of the materials sector. Seeing signs of improvement, though weakening broadly for a short-term pullback. Longer term, charts look great. With Ukraine-Russia conflict, one of the big suppliers has been taken out of the picture. Series of higher highs and higher lows, a new uptrend. Stocks globally have sold off, and jobs numbers tomorrow will be a big factor if selloff continues or if stocks hold in and start rallying.

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Showing 1 to 15 of 82 entries

NexGen Energy(NXE-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 5

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 7

Stockchase rating for NexGen Energy is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

NexGen Energy(NXE-T) Frequently Asked Questions

What is NexGen Energy stock symbol?

NexGen Energy is a Canadian stock, trading under the symbol NXE-T on the Toronto Stock Exchange (NXE-CT). It is usually referred to as TSX:NXE or NXE-T

Is NexGen Energy a buy or a sell?

In the last year, 7 stock analysts published opinions about NXE-T. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for NexGen Energy.

Is NexGen Energy a good investment or a top pick?

NexGen Energy was recommended as a Top Pick by on . Read the latest stock experts ratings for NexGen Energy.

Why is NexGen Energy stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is NexGen Energy worth watching?

7 stock analysts on Stockchase covered NexGen Energy In the last year. It is a trending stock that is worth watching.

What is NexGen Energy stock price?

On 2024-12-03, NexGen Energy (NXE-T) stock closed at a price of $11.51.