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Shaw and Partners Sticks to Its Buy Rating for NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs (NXG)

Tipranks - Tipranks - Thu Mar 12, 7:46PM CDT

Shaw and Partners analyst Andrew Hines maintained a Buy rating on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs on March 10 and set a price target of A$22.90.

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According to TipRanks, Hines is a 4-star analyst with an average return of 8.9% and a 44.95% success rate. Hines covers the Basic Materials sector, focusing on stocks such as Boab Metals Ltd, Ramelius Resources Limited, and Genesis Minerals Limited.

In addition to Shaw and Partners, NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs also received a Buy from UBS’s Dim Ariyasinghe in a report issued on March 5. However, on March 9, TipRanks – OpenAI reiterated a Hold rating on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs (ASX: NXG).

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Based on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs’ latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of A$42.83 million. In comparison, last year the company had a GAAP net loss of A$66.39 million

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