Added to YB: 2025-03-11
Pitch date: 2025-01-22
NXE [bullish]
NexGen Energy Ltd.
+19.6%
current return
Author Info
No bio for this author
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 7.45
Price Target
62.00 (+596%)
Dividend
N/A
EV/EBITDA
-39.08
P/E
-44.29
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
growth
NexGen Energy Ltd. - $NXE
NXE: Rook 1 mine (15% global U supply by 2028) approved Nov 2024. Highest grade U deposit, $10/lb cost vs $80-150/lb contracts. $1.5B capex, payback <2yrs. $1.88B annual EBITDA at $80/lb. PT $62 by 2029 (746% upside). Risks: execution, Chernobyl-type event. Catalysts: rising electricity demand, nuclear expansion, U supply constraints.
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