NXE Stock: NexGen Energy (NYSE: NXE) Price & Analysis
NexGen Energy Ltd (NXE) last close $8.00 on (+$0.04, +0.50% on the day) · EODHD end-of-day
NexGen Energy is a Canadian uranium developer advancing the Rook I project in Saskatchewan's Athabasca Basin, whose Arrow deposit is the largest undeveloped high-grade uranium deposit in the world, through permitting toward construction.
NexGen Energy Ltd · NYSE: NXE · developer · Informational only, not investment advice.
- Last close
- $8.00
- EODHD, Nov 4, 2026
- Day change
- +0.50%
- +$0.04 vs Nov 3, 2026 close
- 52-week range
- $7.56 – $13.92
- EODHD closes, Nov 5, 2025 to Nov 4, 2026
- Market cap
- $5.3B
- EODHD NXE.US
- Total U₃O₈ resources
- 337.4 Mlbs
- Arrow Deposit, Rook I Project — NI 43-101 Technical Report on Feasibility Study (amended Mar 10, 2021)
- Cost per lb (FS cost)
- US$9.98/lb
- NexGen news release 'NexGen Provides Updated Economics for the Rook I Project' (2024-08-01) — LOM average cash operating cost
- In-situ leverage
- 5.9×
- in-situ resource value ÷ market cap, at the current spot
NXE stock forecast: analyst price target
Analyst price targets (third-party, not our forecast)
The consensus analyst price target for NXE is about $16.66 across 16 analysts (EODHD, Nov 5, 2026), versus a last close of $8.00.
That is an aggregate of third-party analyst estimates, not a prediction or a recommendation by Yellowcake Analytics.
Dividend
NexGen Energy Ltd (NXE) does not currently pay a dividend, which is common for uranium developers and explorers that reinvest in their projects.
Latest filings for NXE
All NXE filings →Source: SEC EDGAR, NexGen Energy Ltd (CIK 1698535); filing dates as reported by EDGAR.
Total mineral resources 337.4 Mlbs U₃O₈ (measured 209.6, indicated 47.1, inferred 80.7), plus 239.6 Mlbs of reserves · Arrow Deposit, Rook I Project — NI 43-101 Technical Report on Feasibility Study
NexGen Energy Ltd (NYSE: NXE, TSX: NXE) is a Canadian uranium development company advancing the Rook I project in Saskatchewan's Athabasca Basin. The project hosts the Arrow deposit — the largest undeveloped high-grade uranium deposit in the world — with 337.4 Mlbs of U₃O₈ in resources (inclusive of reserves) and an industry-leading projected life-of-mine cash operating cost of US$9.98/lb (C$13.86, per NexGen's 2024 updated economics). NexGen is undergoing federal environmental assessment and is considered one of the most significant uranium development stories globally.
Margin & leverage
resource source Full screener →Margin vs spot (FS cost)
$82/lb
In-situ leverage
5.9×
Jurisdiction
Saskatchewan (Athabasca)
Computed live from the screener's cited resource and cost inputs and the current spot price; margins use FS cost where the company disclosed it.
Mine projects
Cost curve →Full project table →| Project | Location | Status | Resource | Grade | Cost/lb | Source |
|---|---|---|---|---|---|---|
| Rook I / Arrow | Saskatchewan (Athabasca)Canada | Development | 257.0 Mlb | 3.1% U3O8 | $10/lbFS cost | source |
Curated mine & project database, updated 2026-10-30. Deposit type and restart status per the linked disclosures.
Term contracts announced
Full contract database →| Buyer | Volume | Delivery | Pricing | Announced | Source |
|---|---|---|---|---|---|
| US utilities (multiple)Five offtake agreements totalling ~5 Mlbs from Rook I; market-related with floors/ceilings. | 5 Mlbs | 2029–2033 | market-related | 2024-12 | source |
Announced term contracts where this company is a seller, from the curated contract database. The long-term market is reported only in fragments — absence of a row is not absence of a contract.
Catalysts to watch
All sector catalysts →by end of Q4 2026NexGen PCE drilling results for the remainder of the 2026 programneutralNexGen Energy news release, Form 6-K exhibit 99.1 (August 25, 2026)
NexGen's August 25, 2026 release on the Patterson Corridor East (PCE) discovery says the company 'is adding a fifth drill rig for the remainder of the 2026 program', with samples 'continuously submitted' to the SRC laboratory and 'results to follow'. Further high-grade intercepts would extend the resource case beyond Arrow.
OngoingNexGen Rook I construction against the project scheduleneutralNexGen Energy Q2 2026 MD&A, Form 6-K exhibit 99.2 (August 4, 2026)
NexGen's Q2 2026 MD&A (prepared August 4, 2026) records that the CNSC licence was issued on March 5, 2026, that licensed construction began on June 8, 2026, and that the company will 'advance construction of the Rook I Project in line with Project schedule and execution plan' while advancing uranium sales negotiations. The company has not published a first-production date.
Mines & facilities
Mines map →- Rook I - Arrow DepositDevelopment · Saskatchewan, Canada
Guides on this company
Frequently asked questions about NXE
What does NexGen Energy (NXE) do?
NexGen Energy is a Canadian uranium developer advancing the Rook I project in Saskatchewan's Athabasca Basin, whose Arrow deposit is the largest undeveloped high-grade uranium deposit in the world, through permitting toward construction.
Is NXE stock a good investment?
NXE offers exposure to one of the most significant undeveloped uranium projects globally. The Arrow deposit's scale (337.4 Mlbs) and grade give it industry-leading economics. Key risk is the permitting timeline — the federal environmental assessment decision is pending.
How large is the Arrow deposit?
The Arrow deposit contains 337.4 Mlbs of U₃O₈ in total resources, inclusive of reserves (209.6 Mlbs measured, 47.1 Mlbs indicated, 80.7 Mlbs inferred), making it the world's largest undeveloped high-grade uranium deposit.
What is the NXE stock price today?
NexGen Energy Ltd (NXE) last closed at $8.00 on Nov 4, 2026 on its NYSE: NXE listing, per EODHD end-of-day data. The quote in the page header refreshes with the live market price when markets are open.
What is the NXE stock forecast?
The consensus analyst price target for NXE is about $16.66 across 16 analysts (EODHD, Nov 5, 2026), versus a last close of $8.00. That is an aggregate of third-party analyst estimates, not a prediction or a recommendation by Yellowcake Analytics.
Which uranium ETFs hold NXE?
URNJ holds NXE at 13.93% of the fund (Nov 3, 2026), URNM at 13.01% of the fund (Nov 3, 2026), URA at 6.32% of the fund (Nov 3, 2026), per the issuers' published holdings. HURA and URAN also list NXE per the issuer fund page (weight not published here).
Which ETFs hold NXE?
- URA ETF: holds NXE at 6.32% of the fund (as of Nov 3, 2026)
- URNM ETF: holds NXE at 13.01% of the fund (as of Nov 3, 2026)
- URNJ ETF: holds NXE at 13.93% of the fund (as of Nov 3, 2026)
- HURA ETF: lists NXE per the issuer fund page
Weights are each issuer's published fund holdings (Global X for URA; Sprott for URNM and URNJ), refreshed daily.
The weekly uranium brief
Spot moves, SPUT flows, filings, and contract news, once a week. Plus a free daily CSV of our uranium equity screener snapshot.
Compare and go deeper
- Deep dive: NexGen Energy (NXE) Deep Dive: Arrow, Rook I & the Biggest Undeveloped Deposit
- NXE vs DNN: head-to-head comparison
- NXE vs CCJ: head-to-head comparison
- Compare NXE against every uranium mining stock by price, resources & cost
- How to read analyst price targets
- Today's uranium spot price (U₃O₈)
- Latest SEC filings for NXE
- Sprott Physical Uranium Trust (SPUT) NAV and discount
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Yellowcake Analytics. "NexGen Energy Ltd (NXE) Stock Analysis." Yellowcake Analytics, 2026, https://www.yellowcakeanalytics.com/stocks/NXE.
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