Nne
4/17/2025 08:06pm
Nano Nuclear Energy Inc. (NNE) currently faces challenges as evidenced by its stock performance and financial indicators:
1. **Stock Price Decline**: The closing price of NNE on April 16, 2025, was $20.52, representing a 7.36% decrease from the last change. This decline indicates negative sentiment among investors, possibly due to concerns about the company's financial health or future prospects.
|code|Ticker|Name|Date|Closing Price|Percentage Change|market_code|
|---|---|---|---|---|---|---|
|NNE|NNE.O|Nano Nuclear|20250416|20.52|-7.3589|186|
2. **Financial Performance**: NNE reported a net income of -$3.11 million and a diluted EPS of -$0.09 for the most recent quarter ending on December 31, 2024. The company's revenue for the same period is not available, which limits a full assessment of its financial health. The negative EPS and net income suggest that NNE is unprofitable, which could be a red flag for investors.
|code|Ticker|Name|Date|Market Cap|Net Income YoY|Total Revenue|Net Income|market_code|
|---|---|---|---|---|---|---|---|---|
|NNE|NNE.O|Nano Nuclear|20240508|1.4827577247E8||||186|
|NNE|NNE.O|Nano Nuclear|20240509|1.4427604065E8||||186|
|NNE|NNE.O|Nano Nuclear|20240510|1.2884850363E8||||186|
|NNE|NNE.O|Nano Nuclear|20240513|1.1799208869E8||||186|
|NNE|NNE.O|Nano Nuclear|20240514|9.313661238E7||||186|
|NNE|NNE.O|Nano Nuclear|20240515|1.1770639356E8||||186|
|NNE|NNE.O|Nano Nuclear|20240516|1.1656361304E8||||186|
|NNE|NNE.O|Nano Nuclear|20240517|1.1199249096E8||||186|
|NNE|NNE.O|Nano Nuclear|20240520|1.0942123479E8||||186|
|NNE|NNE.O|Nano Nuclear|20240521|1.1027832018E8||||186|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|NNE|NNE.O|Nano Nuclear|2024 Q2|-10.338758538680404|-1677628|186|
|NNE|NNE.O|Nano Nuclear|2024 Q3|-72.92045265126961|-4668247|186|
|NNE|NNE.O|Nano Nuclear|2024 Q4|-85.09789239413685|-2491736|186|
|NNE|NNE.O|Nano Nuclear|2025 Q1|-136.9476652371294|-3113362|186|
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|NNE|NNE.O|Nano Nuclear|2024 Q2|0|-0.07|186|
|NNE|NNE.O|Nano Nuclear|2024 Q3|-41.66666666666668|-0.17|186|
|NNE|NNE.O|Nano Nuclear|2025 Q1|-50|-0.09|186|
3. **Analyst Ratings**: Despite the challenges, HC Wainwright has raised its Q2 2025 EPS estimates for NNE, anticipating earnings of ($0.11) per share, up from previous forecasts. This suggests that some analysts remain optimistic about NNE's potential. However, the consensus estimate for NNE's current full-year earnings is still negative at ($0.92) per share.
4. **Institutional Activity**: There has been some institutional interest in NNE, with Charles Schwab Investment Management Inc. and other hedge funds making investments. This could be a sign that some investors believe in NNE's long-term potential despite the current challenges.
5. **Stock Performance Context**: NNE's stock has experienced a significant drop, with a 4.4% decline, trading as low as $24.62. While this could be concerning for some investors, it's important to consider the broader market context and NNE's strategic moves, such as the recent hiring of key engineering personnel.
In conclusion, while NNE's stock has declined and it is currently unprofitable, there are some positive signs, such as analyst optimism and institutional investments. Investors should closely monitor NNE's financial performance, regulatory developments, and progress on its innovative projects to gauge its future prospects.