9 Green Energy Stocks with Long-Term Upside Potential

8. NexGen Energy Ltd. (NYSE:NXE)

Stock Upside Potential: 32.99%

Number of Hedge Fund Holders: 40

NexGen Energy Ltd (NYSE:NXE) is one of the green energy stocks with long-term upside potential. On August 28, the company announced a significant uranium discovery at the Patterson Corridor East. The company has discovered intense, high-grade uranium at a depth of just 454.5 meters, marking the shallowest intersection.

Mineralization at the hole is open up to 300m up-dip and contains competent basement rock. The company is drilling deeper where strongly developed alteration and structural disruptions persist. According to chief executive officer Leigh Curyer, PCE is slowly evolving into a world-class system of its own.

Likewise, the PCE mine is delivering the exact results expected of a generational uranium discovery.

“NexGen’s summer drill program is off to a fantastic start. PCE continues to deliver intense high-grade uranium at shallower depths than the world-class Arrow deposit, only 3.5km away. Early summer drilling results are building on emerging interpretations that include systematic repetition of high-grade shoots within the overall mineralized footprint, indicating potential for significant expansion at PCE,” said Jason Craven, Vice President and Exploration.

NexGen Energy Ltd (NYSE:NXE) acquires, explores, and develops uranium properties to deliver clean energy. Its primary project is the Rook I Project in the Athabasca Basin, Saskatchewan, where they are developing the Arrow Deposit, one of Canada’s largest and highest-grade uranium discoveries.