NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs (NXG) AI Stock Analysis

• Market Cap: AU$11.29B
• Dividend Yield: N/A
• Average Volume (3M): 675.59K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.09
• Revenue Growth: N/A
• EPS Growth: -305.93%
• Country: AU
• Employees: 133
• Sector: Energy
• Sector Strength: 52
• Industry: Uranium
• EPS (TTM): -0.25
• Shares Outstanding: 654,561,100
• 10 Day Avg. Volume: 890,252
• 30 Day Avg. Volume: 675,587
• PEG Ratio: 0.37
• Price to Book (P/B): 4.52
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -34.44
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$18.05
• Price Target Upside: 8.87% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: AU$15.00 ▼(-9.53% Downside)

The score is held back most by weak financial performance (no revenue, losses, and negative operating/free cash flow) and loss-based valuation signals (negative P/E, no dividend). Offsetting this, technicals are constructive with price above major moving averages, and the latest earnings call indicated improved funding strength and progress on offtake and approvals for the Rook I project.

Positive Factors

Strong Financial Position

A strong cash position provides NexGen with the necessary resources to advance its Rook I project and sustain operations without immediate revenue, enhancing its financial stability.

Advanced Contract Negotiations

Securing long-term supply contracts can provide stable future cash flows, supporting NexGen's transition from development to production and enhancing its market position.

Support for Rook I Project

Strong indigenous support and regulatory backing for the Rook I project reduce execution risk and facilitate project development, crucial for long-term success.

Negative Factors

Rising Debt Levels

Increasing debt levels heighten financial risk, potentially limiting NexGen's flexibility to manage future investments and operational needs without additional funding.

Negative Cash Flow

Persistent negative cash flow underscores the company's reliance on external funding, posing a risk to sustainability if market conditions for capital raising worsen.

Pre-Revenue Status

Lack of revenue generation limits NexGen's ability to self-fund its operations and projects, increasing dependency on external capital and delaying profitability.

NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs Business Overview & Revenue Model

Company Description

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds 100% interest in the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. The company is headquartered in Vancouver, Canada.

How the Company Makes Money

NexGen Energy Ltd. generates revenue primarily through the exploration and development of uranium resources. Its main revenue stream is expected to come from the sale of uranium extracted from its projects, particularly the Rook I Project. NexGen's business model involves advancing its uranium deposits through stages of exploration, development, and eventually production, which will enable it to sell uranium to energy producers and utilities worldwide. Additionally, the company may engage in partnerships or joint ventures with other energy firms to enhance its operational capabilities and market reach. NexGen's earnings are influenced by uranium market prices, global energy demand, and its ability to efficiently bring its projects to production.

NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs Financial Statement Overview

Summary

NexGen Energy Ltd. faces significant challenges in profitability with no revenue generation and negative income metrics. The balance sheet is strong with increasing equity and a manageable debt-to-equity ratio, suggesting a solid capital structure. However, the ongoing operational losses and negative free cash flow highlight the need for strategic shifts towards revenue generation.

Income Statement

NexGen Energy Ltd. has not generated any revenue over the past years, which limits analysis of traditional income statement metrics like gross and net profit margins. The company consistently reports negative EBIT and EBITDA, indicating ongoing operational losses. The net income is also negative, reflecting challenges in achieving profitability. This lack of revenue generation is a significant weakness for the income statement evaluation.

Balance Sheet

The balance sheet shows a positive trend in stockholders' equity, which increased from $94.3 million in 2020 to $1.18 billion in the TTM period. This indicates strong equity growth, possibly from financing activities. The debt-to-equity ratio remains manageable, and the equity ratio is healthy, suggesting a strong capital structure. However, the absence of revenue limits the assessment of returns on equity.

Cash Flow

The cash flow statement reveals that NexGen Energy has a negative free cash flow, primarily due to significant capital expenditures and operating losses. Despite negative operating cash flow, the company has managed to maintain a positive cash position, likely due to significant financing activities. The free cash flow to net income ratio is not favorable due to persistent losses, indicating challenges in achieving cash flow profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-133.60M	-76.78M	-82.93M	-58.13M	-49.05M	-21.34M
Net Income	-193.76M	-77.56M	80.82M	-56.59M	-119.09M	-109.83M
Balance Sheet
Total Assets	1.55B	1.66B	1.01B	554.56M	546.56M	357.39M
Cash, Cash Equivalents and Short-Term Investments	371.56M	476.59M	290.74M	140.22M	211.12M	74.02M
Total Debt	489.08M	456.80M	160.42M	82.48M	75.18M	230.88M
Total Liabilities	520.34M	478.20M	187.41M	99.14M	85.22M	238.14M
Stockholders Equity	1.03B	1.18B	820.02M	417.88M	433.61M	94.25M
Cash Flow
Free Cash Flow	-207.34M	-154.77M	-168.42M	-20.53M	-63.70M	-28.86M
Operating Cash Flow	-24.43M	-24.09M	-52.62M	-20.18M	-16.79M	-10.62M
Investing Cash Flow	-142.21M	-130.68M	-160.14M	-68.05M	-46.71M	-18.24M
Financing Cash Flow	-26.93M	344.64M	368.89M	19.86M	191.35M	51.23M

NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.58
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NXG, the sentiment is Positive. The current price of 16.58 is above the 20-day moving average (MA) of 14.62, above the 50-day MA of 13.86, and above the 200-day MA of 11.39, indicating a bullish trend. The MACD of 0.79 indicates Negative momentum. The RSI at 73.65 is Negative, neither overbought nor oversold. The STOCH value of 93.13 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NXG.

NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
NXG	58 Neutral	AU$11.29B	-25.74	-17.60%	―	―	-305.93%
DYL	57 Neutral	$1.98B	274.32	1.08%	―	-100.00%	―
PDN	55 Neutral	$4.79B	-60.71	-6.47%	―	―	-163.65%
BMN	52 Neutral	AU$749.69M	-146.75	-2.73%	―	―	60.83%
BKY	46 Neutral	AU$225.38M	-41.39	-6.30%	―	―	-67.12%
ERA	37 Underperform	AU$1.22B	―	―	―	-100.00%	98.06%

NexGen Energy Ltd. Shs Chess Depository Interests repr 1 shs Corporate Events

NexGen Energy Issues New Shares to Debenture Holders

NexGen Energy Ltd. has issued 635,659 new common shares to holders of its 2023 and 2024 Unsecured Convertible Debentures as partial satisfaction of accrued interest. This move, announced under section 708A(5)(e) of the Corporations Act, reflects NexGen’s compliance with relevant disclosure obligations and aims to manage its financial commitments effectively.

The most recent analyst rating on (AU:NXG) stock is a Buy with a A$17.70 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.

NexGen Energy Ltd. Reports Changes in Securities Issuance

NexGen Energy Ltd. announced a net decrease in the number of Chess Depository Interests (CDIs) issued over quoted securities, with a reduction of 1,695,769 CDIs from the previous month. This change was attributed to net transfers of securities between CDIs and common shares across the TSX and NYSE. Additionally, there was an increase in common shares and a decrease in options due to various transactions, reflecting ongoing adjustments in the company’s securities management.

The most recent analyst rating on (AU:NXG) stock is a Buy with a A$17.70 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.

NexGen Energy Certifies Accuracy of Interim Financial Filings

NexGen Energy Ltd. has completed its interim financial filings for the period ending September 30, 2025. The company’s Chief Financial Officer, Benjamin Salter, has certified that the filings are accurate and have been prepared with reasonable diligence, ensuring no material misrepresentations. The company has also maintained robust internal controls over financial reporting and disclosure procedures, adhering to the standards set by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

The most recent analyst rating on (AU:NXG) stock is a Buy with a A$17.70 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.

NexGen Energy Ltd. Certifies Accurate Interim Financial Report

NexGen Energy Ltd. has released its interim financial report for the period ending September 30, 2025. CEO Leigh Curyer certifies that the filings are accurate and fairly present the company’s financial condition, performance, and cash flows. The company has implemented robust disclosure controls and internal controls over financial reporting to ensure reliability and compliance with securities legislation.

The most recent analyst rating on (AU:NXG) stock is a Buy with a A$17.70 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.

NexGen Energy Releases Q3 2025 Financial and Operational Highlights

NexGen Energy Ltd. has released its Management’s Discussion and Analysis for the three and nine months ended September 30, 2025, detailing its financial performance and operational highlights. The report provides insights into the company’s financial position, liquidity, capital resources, and risk management strategies, emphasizing the company’s ongoing commitment to health, safety, and environmental standards. The analysis also outlines the operational outlook and strategic focus on the Rook I Project, which is central to the company’s growth strategy.

The most recent analyst rating on (AU:NXG) stock is a Buy with a A$17.70 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.

NexGen Energy Reports Financial Update Amid Rising Liabilities

NexGen Energy Ltd. reported its condensed interim consolidated financial statements for the period ending September 30, 2025, showing a decrease in total assets from $1.66 billion to $1.57 billion. The company’s liabilities increased significantly due to a rise in convertible debentures, impacting its overall equity, which fell from $1.18 billion to $918.8 million. This financial update highlights the company’s ongoing financial challenges and the potential implications for its stakeholders as it continues to navigate the complexities of uranium exploration and development.

The most recent analyst rating on (AU:NXG) stock is a Buy with a A$17.70 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.

NexGen Energy Adjusts Securities Holdings with Net CDI Reduction

NexGen Energy Ltd. has announced a net decrease in the number of Chess Depository Interests (CDIs) issued over quoted securities, with a reduction of 3,908,207 CDIs in October 2025. This change is attributed to net transfers of securities between CDIs and common shares listed on the Toronto Stock Exchange and New York Stock Exchange. Additionally, the company reported an increase in common shares and a decrease in options due to various transactions, reflecting ongoing adjustments in its securities management.

The most recent analyst rating on (AU:NXG) stock is a Buy with a A$17.70 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.