NexGen Energy stock jumps as uranium names rally on Canada project milestone
New York, January 2, 2026, 1:02 PM ET — Regular session NexGen Energy Ltd shares climbed 9.8% to $10.10 in midday New York trading on Friday, after touching $10.20 earlier in the session. The move put the uranium developer among the stronger gainers in the space on the first trading day of 2026, as investors focused on regulatory and construction progress across Canada’s pipeline of new uranium supply. That matters because developers’ valuations tend to swing on confidence in permitting timelines and build costs, not current production, and Friday’s sector tape leaned into “shovel-ready” signals rather than long-dated exploration upside.