Nexgen Energy Ltd. (TSXV:NXE) received a $6.10 price objective from stock analysts at Eight Capital in a report released on Thursday.

A number of other analysts have also commented on the company. TD Securities boosted their price target on Nexgen Energy from $4.50 to $4.75 and gave the company a “speculative buy” rating in a report on Thursday. Paradigm Capital lifted their target price on Nexgen Energy from $3.60 to $5.00 in a research report on Thursday.

Shares of Nexgen Energy (TSXV NXE) traded down 6.05% on Thursday, hitting $2.33. The stock had a trading volume of 303,248 shares. Nexgen Energy has a one year low of $1.05 and a one year high of $3.40. The firm’s 50 day moving average is $2.26 and its 200-day moving average is $2.26. The stock’s market capitalization is $715.15 million.

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About Nexgen Energy

NexGen Energy Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of uranium properties in Canada. Its principal property is the Rook I project that consists of 32 contiguous mineral claims covering 35,065 hectares located in the southwest Athabasca Basin, Saskatchewan.

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