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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

NexGen Energy Ltd. is a Canada-based company focused on delivering clean energy fuel for the future. The Company is an exploration and development stage Company, which is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It has a portfolio of highly prospective projects, including the Company's 100% owned Rook I property that is host to the Harpoon, Bow, South Arrow, Arrow Deposit, and the Cannon area. The Rook I property is a development-stage uranium project in Canada, which is located in the uranium rich district of the southwestern area of the Athabasca Basin, located in the premier mining jurisdiction of Saskatchewan. The Rook I project hosts the Harpoon Discovery located approximately 4.7 kilometers (km) northeast of the Arrow Deposit. The Bow Discovery is located approximately 3.7 km northeast along the Patterson Lake Conductor corridor. The South Arrow Discovery is located 400 meters (m) South of the Arrow Deposit.


TSX:NXE - Post by User

Post by retiredcfon Apr 30, 2024 6:16am
85 Views
Post# 36014096

Stockchase After the Close

Stockchase After the Close

After a week of acrobatics, markets in New York and Toronto began a new trading week with modest moves. The TSX surrendered 30 points in mixed trading, led by utilities and energy and weighed down by industrials and staples. Gold was flat at US$2,335 an ounce while WTI declined 1.32% to $82.75 a barrel. 

Key names included Nexgen popping 6.07%, Aritizia up 5.34% and Denison Mines at 5.05%, but First Quantum Minerals closed at -3.83% and Interfor -2.46%.

Wall Street fared slightly better with the major indices rising around 0.25%, particularly the Dow up 0.33%. Tesla captured headlines after China announced it will allow self-driving cars. Tesla shares soared 15.78%. Meanwhile, Albemarlerallied 7.56%, Alphabet (A class) closed -3.28% and Dollar Tree -2.55%. The U.S. 10-year yield held around 4.61% as Bitcoin edged down to $63,000 exactly by the close.

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