| NXE Stock | | | CAD 11.44 0.12 1.06% |
Chairman
Mr. Christopher W. McFadden is Independent Chairman of the Board of the Company. Mr. McFadden is a lawyer with 22 years of experience in exploration and mining and currently serves as the President and Chief Executive Officer of NxGold Ltd. Previously, Mr. McFadden was the Manager, Business Development at Newcrest Mining Limited and, before that, the Head of Commercial, Strategy and Corporationrationrate Development for Tigers Realm Coal Limited, which is listed on the Australian Stock Exchange. Additionally, Mr. McFadden was General Manager, Business Development of Tigers Realm Minerals Pty Ltd. Prior to commencing with the Tigers Realm Group in 2010, Mr. McFadden was a Commercial General Manager with Rio Tintos exploration division with responsibility for gaining entry into new projects through negotiation with government or joint venture partners, or through acquisition. Mr. McFadden has extensive international experience in managing large and complex transactions and has a broad knowledge of all aspects of project evaluation and negotiation in challenging and varied environments. Mr. McFadden holds a combined lawcommerce degree from Melbourne University and an MBA from Monash University since 2014.
| Age | 47 |
| Tenure | 10 years |
| Professional Marks | CFA |
| Address | 1021 West Hastings Street, Vancouver, BC, Canada, V6E 0C3 |
| Phone | 604-428-4112 |
| Web | https://www.nexgenenergy.ca |
McFadden is a resident of Victoria, Australia.
NexGen Energy Management Efficiency
The company has return on total asset
(ROA) of
(0.041) % which means that it has lost $0.041 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.1583 %, meaning that it generated $0.1583 on every $100 dollars invested by stockholders. NexGen Energy's management efficiency ratios could be used to measure how well NexGen Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, NexGen Energy's
Return On Tangible Assets are very stable compared to the past year. As of the 11th of December 2024,
Return On Assets is likely to grow to 0.08, while
Return On Capital Employed is likely to drop
(0.09). At this time, NexGen Energy's
Non Currrent Assets Other are very stable compared to the past year. As of the 11th of December 2024,
Return On Tangible Assets is likely to grow to 0.08, while
Intangible Assets are likely to drop 61.75.
NexGen Energy has accumulated 160.42
M in total debt with debt to equity ratio
(D/E) of 0.87, which is about average as compared to similar companies. NexGen Energy has a current ratio of 20.91, suggesting that it is
liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist NexGen Energy until it has trouble settling it off, either with new capital or with free cash flow. So, NexGen Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NexGen Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NexGen to invest in growth at high rates of return. When we think about NexGen Energy's use of debt, we should always consider it together with cash and equity.
Similar Executives
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation of uranium properties in Canada. The company holds a 100 percent interest in its principal property, the Rook I project that consists of 32 contiguous mineral claims covering 35,065 hectares located in the southwest Athabasca Basin, Saskatchewan. NEXGEN ENERGY operates under Uranium classification in Canada and is traded on Toronto Stock Exchange. It employs 42 people. NexGen Energy (NXE) is traded on Toronto Exchange in Canada and employs 77 people. NexGen Energy is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification.
Management Performance
NexGen Energy Leadership Team
Elected by the shareholders, the NexGen Energy's board of directors comprises two types of representatives: NexGen Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NexGen. The board's role is to monitor NexGen Energy's management team and ensure that shareholders' interests are well served. NexGen Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NexGen Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brad Wall, Director | |
| Harp Gosal, Ma Relations | |
| Karri Howlett, Independent Director | |
| Mary Fraser, Vice Communications | |
| Monica Kras, Vice Development | |
| Christopher McFadden, Independent Chairman of the Board | |
| Leigh Curyer, President, Chief Executive Officer, Director | |
| Gillian McCombie, Vice President of Human Resources | |
| Troy Boisjoli, Vice President - Operations and Project Development | |
| Travis CFA, Chief Officer | |
| Warren Gilman, Independent Director | |
| Grant Greenwood, Vice Exploration | |
| Tony George, Chief Project Officer | |
| Bradley Wall, Director | |
| Andrew Browne, Technical Advisor | |
| Benjamin Salter, Chief Officer | |
| Travis McPherson, Interim Chief Financial Officer, Vice President, Corporate Development | |
| Kelly Cardwell, Senior Resources | |
| Sybil Veenman, Independent Director | |
| Richard Patricio, Independent Director | |
| BA ACA, President, Founder | |
| Trevor Thiele, Independent Director | |
NexGen Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NexGen Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Pair Trading with NexGen Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NexGen Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NexGen Energy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to NexGen Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NexGen Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NexGen Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NexGen Energy to buy it.
The correlation of NexGen Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NexGen Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NexGen Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NexGen Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
When determining whether NexGen Energy is a strong investment it is important to analyze NexGen Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NexGen Energy's
future performance.
For an informed investment choice regarding NexGen Stock, refer to the following important reports: Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
To learn how to invest in NexGen Stock, please use our
How to Invest in NexGen Energy guide.
You can also try the
Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Please note, there is a significant difference between NexGen Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexGen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexGen Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.