Day: June 11, 2021

SKLZ – Skillz Inc. (SKLZ) Outpaces Stock Market Gains: What You Should Know

Skillz Inc. (SKLZ Free Report) closed the most recent trading day at $21.48, moving +0.85% from the previous trading session. The stock outpaced the S&P 500’s daily gain of 0.2%.

Heading into today, shares of the company had gained 55.13% over the past month, outpacing the Consumer Discretionary sector’s gain of 0.11% and the S&P 500’s gain of 1.06% in that time.

SKLZ will be looking to display strength as it nears its next earnings release.

For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.51 per share and revenue of $376.78 million, which would represent changes of -24.39% and +63.74%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for SKLZ. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. SKLZ is holding a Zacks Rank of #3 (Hold) right now.

The Gaming industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 116, which puts it in the top 46% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

ZEUS – Olympic Steel (ZEUS) Outpaces Stock Market Gains: What You Should Know

Olympic Steel (ZEUS Free Report) closed the most recent trading day at $35.12, moving +1.3% from the previous trading session. This change outpaced the S&P 500’s 0.2% gain on the day.

Heading into today, shares of the steel maker had gained 4.62% over the past month, outpacing the Basic Materials sector’s loss of 2.1% and the S&P 500’s gain of 1.06% in that time.

ZEUS will be looking to display strength as it nears its next earnings release. On that day, ZEUS is projected to report earnings of $1.37 per share, which would represent year-over-year growth of 460.53%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $516.4 million, up 107.97% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $4.88 per share and revenue of $2.01 billion. These totals would mark changes of +1418.92% and +62.96%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for ZEUS. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 48.78% higher. ZEUS is currently sporting a Zacks Rank of #1 (Strong Buy).

Looking at its valuation, ZEUS is holding a Forward P/E ratio of 7.1. This represents a no noticeable deviation compared to its industry’s average Forward P/E of 7.1.

The Steel – Producers industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 25, putting it in the top 10% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow ZEUS in the coming trading sessions, be sure to utilize Zacks.com.

GILD – Gilead Sciences (GILD) Stock Sinks As Market Gains: What You Should Know

Gilead Sciences (GILD Free Report) closed the most recent trading day at $68.77, moving -0.75% from the previous trading session. This move lagged the S&P 500’s daily gain of 0.2%.

Heading into today, shares of the HIV and hepatitis C drugmaker had gained 0.55% over the past month, lagging the Medical sector’s gain of 4.55% and the S&P 500’s gain of 1.06% in that time.

GILD will be looking to display strength as it nears its next earnings release. In that report, analysts expect GILD to post earnings of $1.74 per share. This would mark year-over-year growth of 56.76%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.15 billion, up 19.57% from the year-ago period.

GILD’s full-year Zacks Consensus Estimates are calling for earnings of $7.07 per share and revenue of $24.74 billion. These results would represent year-over-year changes of -0.28% and +0.22%, respectively.

It is also important to note the recent changes to analyst estimates for GILD. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.02% higher. GILD is holding a Zacks Rank of #3 (Hold) right now.

Valuation is also important, so investors should note that GILD has a Forward P/E ratio of 9.79 right now. This valuation marks a discount compared to its industry’s average Forward P/E of 24.22.

It is also worth noting that GILD currently has a PEG ratio of 0.64. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. Medical – Biomedical and Genetics stocks are, on average, holding a PEG ratio of 1.42 based on yesterday’s closing prices.

The Medical – Biomedical and Genetics industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 209, which puts it in the bottom 18% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

FSLY – Fastly (FSLY) Outpaces Stock Market Gains: What You Should Know

Fastly (FSLY Free Report) closed the most recent trading day at $54.38, moving +0.87% from the previous trading session. This move outpaced the S&P 500’s daily gain of 0.2%.

Heading into today, shares of the cloud software developer had gained 34.84% over the past month, outpacing the Computer and Technology sector’s gain of 5.84% and the S&P 500’s gain of 1.06% in that time.

Wall Street will be looking for positivity from FSLY as it approaches its next earnings report date. The company is expected to report EPS of -$0.16, down 900% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $86.28 million, up 15.57% from the prior-year quarter.

FSLY’s full-year Zacks Consensus Estimates are calling for earnings of -$0.41 per share and revenue of $383.54 million. These results would represent year-over-year changes of -127.78% and +31.86%, respectively.

It is also important to note the recent changes to analyst estimates for FSLY. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. FSLY is currently sporting a Zacks Rank of #4 (Sell).

The Internet – Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 199, which puts it in the bottom 22% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

NET – Cloudflare (NET) Outpaces Stock Market Gains: What You Should Know

Cloudflare (NET Free Report) closed at $94 in the latest trading session, marking a +0.57% move from the prior day. The stock outpaced the S&P 500’s daily gain of 0.2%.

Heading into today, shares of the web security and content delivery company had gained 40.24% over the past month, outpacing the Computer and Technology sector’s gain of 5.84% and the S&P 500’s gain of 1.06% in that time.

Investors will be hoping for strength from NET as it approaches its next earnings release. In that report, analysts expect NET to post earnings of -$0.04 per share. This would mark a year-over-year decline of 33.33%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $146.22 million, up 46.63% from the year-ago period.

NET’s full-year Zacks Consensus Estimates are calling for earnings of -$0.11 per share and revenue of $612.16 million. These results would represent year-over-year changes of +8.33% and +42.01%, respectively.

Investors might also notice recent changes to analyst estimates for NET. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. NET is currently sporting a Zacks Rank of #4 (Sell).

The Internet – Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 199, which puts it in the bottom 22% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

UBER – Uber Technologies (UBER) Outpaces Stock Market Gains: What You Should Know

Uber Technologies (UBER Free Report) closed the most recent trading day at $50.01, moving +0.93% from the previous trading session. The stock outpaced the S&P 500’s daily gain of 0.2%.

Heading into today, shares of the ride-hailing company had gained 11.4% over the past month, outpacing the Computer and Technology sector’s gain of 5.84% and the S&P 500’s gain of 1.06% in that time.

Investors will be hoping for strength from UBER as it approaches its next earnings release. In that report, analysts expect UBER to post earnings of -$0.56 per share. This would mark year-over-year growth of 45.1%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.68 billion, up 64.06% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of -$1.46 per share and revenue of $15.82 billion, which would represent changes of +62.18% and +30.98%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for UBER. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. UBER is currently sporting a Zacks Rank of #3 (Hold).

The Internet – Services industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 190, which puts it in the bottom 26% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow UBER in the coming trading sessions, be sure to utilize Zacks.com.

UPS – United Parcel Service (UPS) Flat As Market Gains: What You Should Know

In the latest trading session, United Parcel Service (UPS Free Report) closed at $203.20, marking no change from the previous day. This change lagged the S&P 500’s 0.2% gain on the day.

Coming into today, shares of the package delivery service had lost 5.78% in the past month. In that same time, the Transportation sector lost 2.84%, while the S&P 500 gained 1.06%.

Wall Street will be looking for positivity from UPS as it approaches its next earnings report date. On that day, UPS is projected to report earnings of $2.70 per share, which would represent year-over-year growth of 26.76%. Meanwhile, our latest consensus estimate is calling for revenue of $22.34 billion, up 9.18% from the prior-year quarter.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $10.72 per share and revenue of $90.8 billion. These totals would mark changes of +30.26% and +7.3%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for UPS. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company’s business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 1.77% higher within the past month. UPS currently has a Zacks Rank of #2 (Buy).

In terms of valuation, UPS is currently trading at a Forward P/E ratio of 18.95. This valuation marks a premium compared to its industry’s average Forward P/E of 14.59.

Also, we should mention that UPS has a PEG ratio of 1.68. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth rate. The Transportation – Air Freight and Cargo industry currently had an average PEG ratio of 1.43 as of yesterday’s close.

The Transportation – Air Freight and Cargo industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 9, which puts it in the top 4% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow UPS in the coming trading sessions, be sure to utilize Zacks.com.

UI – UI INVESTOR NOTICE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Ubiquiti Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important July 19 Deadline in Securities Class Action – UI

NEW YORK–()–WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ubiquiti Inc. (NYSE: UI) between January 11, 2021 and March 30, 2021, inclusive (the “Class Period”), of the important July 19, 2021 lead plaintiff deadline.

SO WHAT: If you purchased Ubiquiti securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Ubiquiti class action, go to http://www.rosenlegal.com/cases-register-2069.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. If you wish to serve as lead plaintiff, you must move the Court no later than July 19, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Ubiquiti had downplayed the data breach in January 2021; (2) the attackers had obtained administrative access to Ubiquiti’s servers and obtained access to, among other things, all databases, all user database credentials, and secrets required to forge single sign-on (SSO) cookies; (3) as a result, intruders already had credentials needed to remotely access Ubiquiti’s customers’ systems; and (4) as a result of the foregoing, defendants’ positive statements about Ubiquiti’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Ubiquiti class action, go to http://www.rosenlegal.com/cases-register-2069.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

ACRX – ROSEN, RESPECTED INVESTOR COUNSEL, Encourages AcelRx Pharmaceuticals, Inc. Investors With Losses to Secure Counsel Before Important August 9 Deadline in Securities Class Action – ACRX

NEW YORK, June 11, 2021 /PRNewswire/ —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of AcelRx Pharmaceuticals, Inc. (NASDAQ: ACRX) between March 17, 2020 and February 12, 2021, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 9, 2021.

SO WHAT: If you purchased AcelRx securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the AcelRx class action, go to http://www.rosenlegal.com/cases-register-2106.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 9, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience or resources. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020 founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) AcelRx had deficient disclosure controls and procedures with respect to its marketing of DSUVIA (the Company’s lead product candidate, a 30 mcg sufentanil sublingual tablet for the treatment of moderate-to severe acute pain); (2) as a result, AcelRx had been making false or misleading claims and representations about the risks and efficacy of DSUVIA in certain advertisements and displays; (3) the foregoing conduct subjected AcelRx to increased regulatory scrutiny and enforcement; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the AcelRx class action, go to http://www.rosenlegal.com/cases-register-2106.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      [email protected]
      [email protected]
      www.rosenlegal.com

SOURCE Rosen Law Firm, P.A.

Related Links

www.rosenlegal.com

NXE – NexGen Announces Voting Results and Election of Directors from Annual Meeting of Shareholders

VANCOUVER, BC, June 11, 2021 /PRNewswire/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE MKT: NXE) is pleased to announce the voting results from all business items considered at its Annual Meeting of Shareholders (“Meeting”), held on June 10, 2021. All matters of business were passed, and all nine director nominees were elected representing a total of 238,833,198 or 50.74% of the Company’s outstanding shares. The details of the proxy voting for directors are set out below:

Nominee

Votes For

% For

Votes Withheld

% Withheld

Leigh Curyer

202,844,997

99.94%

127,467

0.06%

Christopher McFadden

188,910,590

93.07%

14,061,874

6.93%

Richard Patricio

142,312,647

70.11%

60,659,817

29.89%

Trevor Thiele

190,853,953

94.03%

12,118,511

5.97%

Warren Gilman

144,454,289

71.17%

58,518,175

28.83%

Sybil Veenman

200,534,861

98.80%

2,437,603

1.20%

Karri Howlett

202,551,613

99.79%

420,851

0.21%

Brad Wall

197,784,135

97.44%

5,188,329

2.56%

Don Roberts

195,151,199

96.15%

7,821,265

3.85%

Detailed voting results for all matters considered at the meeting will be available on SEDAR at www.sedar.com.

About NexGen

NexGen is a British Columbia corporation with a focus on developing the Rook I Project located in the southwestern Athabasca Basin, Saskatchewan, Canada into production. Rook I hosts the Arrow Deposit that hosts Measured Mineral Resources of 209.6 M lbs of U3O8 contained in 2.18 M tonnes grading 4.35% U3O8, Indicated Mineral Resources of 47.1 M lbs of U3O8 contained in 1.57 M tonnes grading 1.36% U3O8, and Inferred Mineral Resources of 80.7 M lbs of U3O8 contained in 4.40 M tonnes grading 0.83% U3O8. Arrow’s development is supported by a NI 43-101 compliant Feasibility Study which outlines industry leading ‘next generation’ designs implementing elite environmental performance as well as industry leading strong economics.

NexGen has a highly experienced team of uranium industry professionals with a successful track record in the discovery of uranium deposits and in developing projects through discovery to production. The Company is the recipient of the 2018 PDAC Bill Dennis Award for Canadian mineral discovery and the 2019 PDAC Environmental and Social Responsibility Award.

Forward-Looking Information

The information contained herein contains “forward-looking statements” within the meaning of applicable United States securities laws and regulations and “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof. Statements relating to “mineral resources” are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future.

Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen’s business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property, the results of planned exploration activities are as anticipated, the price and market supply of uranium, the cost of planned exploration activities, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct NexGen’s planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward looking information or making forward looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate in the future.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of NexGen to differ materially from any projections of results, performances and achievements of NexGen expressed or implied by such forward-looking information or statements, including, among others, the existence of negative operating cash flow and dependence on third party financing, uncertainty of the availability of additional financing, the risk that pending assay results will not confirm previously announced preliminary results, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company’s title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen’s Annual Information Form dated March 11, 2020 filed with the securities commissions of all of the provinces of Canada except Quebec and in NexGen’s 40-F filed with the United States Securities and Exchange Commission, which are available on SEDAR at www.sedar.com and Edgar at www.sec.gov.   

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or statements or implied by forward-looking information or statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned not to place undue reliance on forward-looking information or statements due to the inherent uncertainty thereof.

There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

SOURCE NexGen Energy Ltd.

Related Links

http://www.nexgenenergy.ca/