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Bell Potter Sticks to Its Hold Rating for NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs (NXG)

Tipranks - Tipranks - Thu Jan 15, 6:08PM CST

Bell Potter analyst Regan Burrows maintained a Hold rating on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs today and set a price target of A$19.30.

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Burrows covers the Basic Materials sector, focusing on stocks such as Viridis Mining and Minerals Limited, American Rare Earths, and Northern Star Resources Ltd. According to TipRanks, Burrows has an average return of 8.6% and a 52.27% success rate on recommended stocks.

In a report released on December 30, TipRanks – OpenAI also reiterated a Hold rating on the stock with a A$15.00 price target.

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Based on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs’ latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of A$86.69 million. In comparison, last year the company had a net profit of A$13.2 million

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