Added to YB: 2023-12-25
Pitch date: 2023-12-23
NXE [bearish]
NexGen Energy Ltd.
-33.01%
current return
Author Info
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Company Info
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, evaluation, and development of uranium properties in Canada.
Market Cap
CAD 3.5B
Pitch Price
CAD 9.24
Price Target
N/A
Dividend
N/A
EV/EBITDA
-39.08
P/E
-44.29
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
growth
Show full summary:
Why I am Selling (some of) my Best Investment Ever
Uranium miners Dennison & NextGen surged with U price from $22 to $90+ since Mar '20 on supply shortage, low sentiment, inelastic demand & disaster risk. Equilibrium now ~$90 vs my initial $65 est. Trimmed NexGen stake as risk/reward less favorable at current levels.
Read full article (7 min)