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NexGen Energy Ltd. (NYSE:NXE) is one of the best strong buy stocks to buy under $10. In a report released on June 12, Colin McLelland from Petra Capital maintained a Buy rating on NexGen Energy Ltd. (NYSE:NXE) with a price target of A$10.80.
In other news, NexGen Energy Ltd. (NYSE:NXE) announced on June 12 that the Saskatchewan Ministry of Environment granted approval for NexGen Energy Ltd.’s (NYSE:NXE) 2025 Site Program at its 100%-owned Rook I Property in the Athabasca Basin, Saskatchewan.
Management reported that the program entails the establishment of a temporary exploration airstrip, site access road improvements, and an expansion of the exploration accommodation camp facilities by 373 beds. The program is set to conclude with camp commissioning in Q1 2026.
NexGen Energy Ltd. (NYSE:NXE) acquires, explores, and develops uranium properties. Headquartered in Vancouver, Canada, the company’s uranium project portfolio encompasses Arrow, South Arrow, Harpoon, Bow, IsoEnergy, SW1, SW2, SW3, and IsoEnergy properties.
While we acknowledge the potential of NXE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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