NexGen Energy Increases CDI Issuance Reflecting Strategic Securities Management

NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs ( (AU:NXG) ) just unveiled an announcement.

NexGen Energy Ltd. has announced an increase in the number of Chess Depository Interests (CDIs) issued over its quoted securities on the ASX, with a net increase of over 6 million CDIs from the previous month. This change is attributed to net transfers of securities between CDIs and common shares held on the Toronto Stock Exchange and New York Stock Exchange, reflecting the company’s strategic adjustments in its securities management.

The most recent analyst rating on (AU:NXG) stock is a Buy with a A$16.20 price target. To see the full list of analyst forecasts on NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs stock, see the AU:NXG Stock Forecast page.

More about NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs

NexGen Energy Ltd. is a company operating in the energy sector, primarily focused on the development and production of uranium resources. The company is known for its innovative approach in the uranium industry, aiming to meet the growing global demand for clean and sustainable energy solutions.

Average Trading Volume: 596,472

Technical Sentiment Signal: Sell

Current Market Cap: A$5.28B

See more insights into NXG stock on TipRanks’ Stock Analysis page.