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Canadian uranium developer advancing the high-grade Rook I project in Saskatchewan's Athabasca Basin toward production.
Canadian uranium developer advancing the high-grade Rook I project in Saskatchewan's Athabasca Basin toward production.
Has no mine and no product sales yet. Work on Rook I in the Athabasca Basin is paid for by share sales and other financing, so licences, construction progress and the uranium price are what move it. Future customers would be nuclear utilities buying under long-term contracts.
In one line: A pre-production Canadian uranium developer, akin to Cameco's growth-stage peer.
Moat: narrow (installed base, regulatory licence). Holds one of the world's highest-grade, large-scale uranium deposits, though still pre-revenue/pre-permitting completion.
Headquarters: Vancouver, Canada · Founded: 2011 · Employees: 142
Size NexGen Energy (NXE.TO) is a Canada Materials company (Other Metals/Minerals) with a market value of $5.57B, the 113th largest of 420 Canada companies the cockpit tracks. Shares closed at C$11.64 on 6 Nov 2026.
Performance Over six months the shares fell 31.1%, against -19.8% for the median peer and +5.2% for the Canada market (cap-weighted) — 8th lowest of 21 in its peer set.
Valuation It trades at 4.23× book value against a peer median of 2.24× (6th most expensive of 21).
Price implies The share price implies a return on equity of about 41.6%; NexGen Energy delivers -17.7%, so the price asks more than the business earns today.
Next results Next results expected around 10 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$0 | C$0 | C$0 | C$0 | C$0 |
| Revenue growth | — | — | — | — | — |
| Gross profit | -C$1.97M | -C$2.20M | -C$2.25M | -C$1.80M | -C$1.81M |
| EBITDA | -C$108M | -C$87.6M | -C$76.0M | -C$82.9M | -C$58.0M |
| Net income | -C$254M | -C$310M | -C$77.6M | C$80.8M | -C$56.6M |
| Free cash flow | -C$153M | -C$77.8M | -C$47.0M | -C$61.9M | -C$22.0M |
| Capital expenditure | C$288M | C$186M | C$131M | C$116M | C$68.1M |
| Total debt | C$613M | C$587M | C$457M | C$160M | C$82.5M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| NexGen Energy NXE.TO | $5.57B | -31% | n/a | -18% | 4.23× | 41.6% |
| Cameco CCO.TO | $31.3B | -38% | 0% | 6% | 6.06× | 41.2% |
| Denison Mines DML.TO | $2.00B | -39% | -9% | -67% | 9.68× | 95.2% |
| Paladin Energy PDN.AX | $2.32B | -33% | +64% | 1% | 2.01× | 28.3% |
| IsoEnergy ISO.TO | $549M | -30% | n/a | -3% | 1.42× | 10.7% |
| Uranium Energy UEC | $3.43B | -54% | -44% | -12% | 2.49× | 24.6% |
| Boss Energy BOE.AX | $403M | 0% | +100% | 1% | 1.22× | 12.4% |
| Deep Yellow DYL.AX | $510M | -57% | n/a | 2% | 1.11× | 16.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | NXE.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -9.1% | -13.9% | 6th highest of 21 |
| 6-month return | -31.1% | -19.8% | 8th lowest of 21 |
| Return on equity | -17.7% | 14.5% | lowest of 21 |
| Price / book | 4.23× | 2.24× | 6th most expensive of 21 |
| ROE the price implies | 41.6% | 24.1% | 7th most demanding of 21 |
| ROE delivered | -17.7% | 13.7% | lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| NexGen Energy NXE.TO | Canada | $5.57B | -31% | n/a | -18% | 4.23× | 41.6% | -17.7% |
| Baiyin Nonferrous 601212.SS | China | $5.49B | -35% | 0% | 1% | 2.24× | 25.0% | 1.1% |
| Yunnan Tin 000960.SZ | China | $5.66B | -34% | +19% | 13% | 1.75× | 20.8% | 13.3% |
| Xinjiang Daqo New Energy 688303.SS | China | $5.69B | -20% | -23% | -5% | 1.03× | 10.5% | -5.4% |
| China Nonferrous Mining 1258.HK | Hong Kong | $5.73B | -19% | +11% | 22% | 2.08× | 16.1% | 22.4% |
| Yunnan Chihong Zinc & Germanium 600497.SS | China | $5.76B | -15% | +29% | 11% | 2.10× | 19.8% | 11.5% |
| Nanya New Material Technology 688519.SS | China | $5.90B | -5% | +104% | 36% | 6.84× | 97.5% | 36.3% |
| Capstone Copper CS.TO | Canada | $6.01B | -8% | +30% | 9% | 1.60× | 22.0% | 9.1% |
| Asia-Potash International Investment (Guangzhou) 000893.SZ | China | $5.08B | -32% | +40% | 15% | 2.22× | 11.6% | 15.2% |
| Yunnan Copper 000878.SZ | China | $5.01B | -28% | +10% | 14% | 1.74× | 17.2% | 13.6% |
| Sandfire Resources SFR.AX | Australia | $6.20B | -4% | +32% | 17% | 2.79× | 30.6% | 17.4% |
| Luoyang Shenglong Mining 001257.SZ | China | $5.00B | -19% | +22% | 17% | 4.19× | 24.4% | n/a |
| Inner Mongolia Xingye Silver and Tin Mining 000426.SZ | China | $6.23B | -42% | +38% | 28% | 3.78× | 35.7% | 27.6% |
| MP Materials MP | United States | $6.31B | -47% | +72% | -4% | 3.22× | 42.2% | -3.6% |
| PLS PLS.AX | Australia | $6.33B | -56% | +152% | 14% | 2.24× | 22.7% | 13.8% |
| Grinm Advanced Materials 600206.SS | China | $4.85B | +40% | +23% | 6% | 7.24× | 99.3% | 6.5% |
| Discovery Mining DSV.TO | Canada | $6.44B | +19% | +684% | 39% | 8.72× | 106.4% | 38.8% |
| Aura Minerals AUGO | United States | $6.52B | -5% | +89% | 100% | 14.29× | 74.1% | 100.2% |
| NMDC NMDC.NS | India | $6.55B | -22% | +27% | 23% | 1.82× | 23.8% | n/a |
| Aurubis NDA.DE | Germany | $6.73B | -35% | +23% | 18% | 1.02× | 8.8% | 18.3% |
| Yunnan Lincang Xinyuan Germanium Industry 002428.SZ | China | $7.09B | +3% | +54% | 12% | 29.02× | 320.1% | 11.5% |