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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

NexGen Energy Ltd. is a Canadian company focused on delivering clean energy fuel for the future. It is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It is focused on optimally developing the Rook I Project. It has a portfolio of highly prospective projects, including its 100% owned Rook I property that is host to the high-grade Arrow Deposit, South Arrow, Harpoon, Bow, and the Cannon area. The Rook I Project is a development-stage uranium project in Canada. The new underground mine and mill development is located in the uranium-rich district of the southwestern area of the Athabasca Basin, located in Saskatchewan. Arrow is a 100% land-based, basement-hosted, and high-grade uranium discovery. The Rook I Project, host of the Arrow Deposit, which is a development-stage uranium project in Canada and is 100% owned by NexGen Energy Ltd. The Rook I property hosts the Harpoon Discovery located 4.7 km northeast of the Arrow Deposit.


TSX:NXE - Post by User

Post by retiredcfon Apr 02, 2024 6:36am
148 Views
Post# 35964396

Stockchase After the Close

Stockchase After the Close

After a strong Q1, the second quarter began on a mixed note. The TSX edged up 18 point to a new high of 22,185, even though more sectors were down than up. Energy and materials accounted for most of the gains while staples and real estate led the laggards. 

Of note were Ballard Power surging 18.04%, Iamgold 9.29%, Nexgen 8.74%, the Bank of Nova Scotia at -2.45% and Northwest Healthcare REIT -4.05%. WTI crude added 0.9% to $84 a barrel, while gold climbed $22 to $2,270 an ounce to continue its winning streak.

The picture was mixed on Wall Street. While the Nasdaq added 17 points, the S&P declined 0.2% and the Dow shed 0.6%. Making moves were Micron rallying 5.44% to a new high, 3M jumping 6.02%, Wynn Resorts 4.24%, and Walgreens -9.91%. After a new filing revealed heavy losses and more to come, Trump Media shares tanked 21.47%. Meanwhile, the U.S. 10-year yield edged up to 4.317% while Bitcoin sank 2.5% to $69,500.

 
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