21:39:51 EDT Tue 06 May 2025
Enter Symbol
or Name
USA
CA



NexGen Energy Ltd
Symbol NXE
Shares Issued 569,088,514
Close 2025-03-13 C$ 6.79
Market Cap C$ 3,864,111,010
Recent Sedar Documents

Globe says NexGen Energy maintained at "buy"

2025-03-13 08:33 ET - In the News

The Globe and Mail reports in its Thursday, March 13, edition that Stifel analyst Madison Tapscott believes that nuclear energy generation is set for a second renaissance. The Globe's David Leeder writes in the Eye On Equities column that Ms. Tapscott says in a note: "Our thesis is informed by a combination of factors that may be individually understood by the market but not fully appreciated as to their combined impact. These include: 1) the sustained developing-market urbanization and changing developed-market consumption trends, 2) nuclear power's unique characteristics within the global demand equation and 3) uranium's relatively limited and tightly controlled supply within a geopolitically changing environment. ... According to the IEA, electricity demand is anticipated to nearly double by 2050." Ms. Tapscott rates NexGen Energy "buy" with a $16 share target. Analysts on average target the shares at $13.76. Ms. Tapscott says, "In our view, NexGen Energy's Rook 1 project holds strategic significance as a construction-ready (once fully permitted), high-margin, long-life, technically derisked asset in a premier mining jurisdiction that should attract M&A interest and command a premium valuation in the market."

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