NexGen Energy’s (NXE) Shares Up After Jim Cramer Said You Can Let It Run

NexGen Energy Ltd. (NYSE:NXE) is one of Jim Cramer’s Hottest Nuclear Energy Stock Picks, Hits & Misses. NexGen Energy Ltd. (NYSE:NXE) is a Canadian uranium mining company. Its shares are up by 120% over the past year and by 30% since Craer discussed the firm on Mad Money. NexGen Energy Ltd. (NYSE:NXE) started 2026 on a strong note as the stock surged by 51% in January. The stock closed 11% higher on January 2nd after uranium miner Denison Mines revealed that it was ready to build a uranium mine in Canada. NexGen Energy Ltd. (NYSE:NXE)’s stock closed 7% lower on March 3rd after the firm’s fourth quarter earnings report. The firm’s full-year net loss sat at C$309 million, which was wider than the year ago net loss of C$77.6 million. Key to NexGen Energy Ltd. (NYSE:NXE)’s performance is its Rook 1 uranium project in Canada, which has the potential to become one of the biggest uranium mines in the world. Cramer discussed the firm in October as he remarked:

NexGen Energy's (NXE) Shares Up After Jim Cramer Said You Can Let It Run

“NXE’s had a really, really big move. Why don’t you do this? Why don’t you know, no doubt, you probably have your, the cost basis as well below this. Take out your cost basis tomorrow, and then you can let it run.”

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