12 Stocks Under $10 With High Upside Potential

Page 8 of 11

4. NexGen Energy Ltd. (NYSE:NXE)

Share Price: $4.78

No. of Hedge Fund Holders: 37

Analyst Upside Potential: 105.18%

NexGen Energy Ltd. (NYSE:NXE) is a Canadian company exploring ways to deliver clean energy fuel for the future. The company’s flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally. The Rook I Project is being built under the most elite environmental and social governance standards.

NexGen Energy Ltd. (NYSE:NXE) recently announced the beginning of a 43,000-meter exploration drill program at Patterson Corridor East, which lies in the world-class Arrow deposit. The program will continue to test the extent and growth of mineralization discovered in early 2024 at Patterson Corridor East. This program will be one of the largest drill programs in the Athabasca Basin, Saskatchewan in 2025, with an increase of 9,000 meters from the 2024 program.

The Patterson Corridor East drilling site remains a key asset for the company’s future growth. It has intersected multiple high-grade uranium zones, creating opportunities for NexGen to enhance its resource base.

Page 8 of 11