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Shaw and Partners Reaffirms Their Buy Rating on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs (NXG)

Tipranks - Tipranks - Thu Feb 19, 4:36PM CST

In a report released today, Andrew Hines from Shaw and Partners maintained a Buy rating on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs, with a price target of A$22.90.

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Hines covers the Basic Materials sector, focusing on stocks such as Boab Metals Ltd, Ramelius Resources Limited, and Genesis Minerals Limited. According to TipRanks, Hines has an average return of 8.7% and a 44.50% success rate on recommended stocks.

NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs has an analyst consensus of Moderate Buy, with a price target consensus of A$21.10.

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Based on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs’ latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of A$129.22 million. In comparison, last year the company had a net profit of A$10.25 million

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