NexGen Energy Shares Decline After Short Seller Report Challenges Project Feasibility

MT Newswires Live

02/07

NexGen Energy (NXE) shares were down 1.7% in recent Friday trading after short-seller Culper Research issued a report alleging the uranium developer's Rook I project in Saskatchewan's Athabasca basin is economically overstated.

The company's peak production goals are "impossible to achieve," the report said.

NexGen Energy did not immediately respond to a request for comment from MT Newswires.

Price: 10.99, Change: -0.10, Percent Change: -0.86

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