Nexgen Energy Ltd. (TSXV:NXE) had its target price upped by Paradigm Capital from $3.60 to $5.00 in a research note issued to investors on Thursday morning, reports.

Nexgen Energy (TSXV:NXE) opened at 2.43 on Thursday. The stock has a 50 day moving average of $2.26 and a 200-day moving average of $2.26. The company’s market cap is $745.84 million. Nexgen Energy has a 52-week low of $1.05 and a 52-week high of $3.40.

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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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