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UBS Sticks to Their Buy Rating for NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs (NXG)

Tipranks - Tipranks - Wed Mar 25, 9:28AM CDT

In a report released yesterday, Dim Ariyasinghe from UBS maintained a Buy rating on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs, with a price target of A$21.00. The company’s shares closed today at A$15.57.

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According to TipRanks, Ariyasinghe is a 5-star analyst with an average return of 29.9% and a 68.75% success rate.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs with a A$21.07 average price target, representing a 35.32% upside. In a report released on March 10, Shaw and Partners also maintained a Buy rating on the stock with a A$22.90 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 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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