March 2, 2022
NexGen Energy Ltd. (TSX:NXE, Not Rated, David A. Talbot) announced that it has been approved for uplisting on the New York Stock Exchange (NYSE) from its current listing on the NYSE American LLC (NYSE American). Management notes that this lisiting is indicative of NXE’s corporate, environmental, social and governance standards, size, liquidity and exceptional value proposition. In our view, this is an important milestone for NexGen that could provide further exposure for the C$3.2B market cap company as it advances its Arrow project, what is one of the largest (337.4M lb of high-grade M&I+I U3O8), if not what we believe is the world’s best uranium project. NexGen recently announced positive radioactivity results from regional drilling, which warrant continued exploration (read more). The key upcoming catalysts for the stock include ongoing permitting at Arrow, and the commencement of detailed engineering (H2/22). Read more
