27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
NexGen Energy Ltd (NYSE:NXE) reported Q2 FY23 EPS loss of C$(0.04) vs. C$(0.02) a year ago.
In USD terms, the company reported EPS of $(0.03), missing the consensus of $(0.01).
The company reported a net loss of C$(17.5) million vs. net income of C$17.6 million a year ago.
The company recognized a mark-to-market loss on the Convertible Debentures of C$2.7 million vs mark-to-market gain of C$28.5 million a year ago.
In Q2, operating cash outflow before working capital adjustments stood at C$(8.2) million.
As of June 30, 2023, the cash balance stood at C$100.6 million, and marketable securities at C$7.2 million.
In June, the company inked an Impact Benefit Agreement (IBA) with the Métis Nation – Saskatchewan Northern Region 2 (MN-S NR2) and the Métis Nation – Saskatchewan (MN-S) covering all phases of the Rook I Project.
Through 2023, the company plans to continue to advance the EA and licensing activities toward submitting the final EIS and licensing application to get a Uranium Mine and Mill License from the CNSC and continue engagement with Provincial and Federal regulators and communities.
Price Action: NXE shares are trading lower by 0.51% at $4.87 on the last check Wednesday.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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