Caprock Group LLC Makes New $462,000 Investment in NexGen Energy Ltd. (NYSE:NXE)

NexGen Energy logo with Basic Materials background

Caprock Group LLC acquired a new position in NexGen Energy Ltd. (NYSE:NXE - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 70,000 shares of the company's stock, valued at approximately $462,000.

Several other large investors have also recently bought and sold shares of NXE. Larson Financial Group LLC raised its position in NexGen Energy by 122.7% in the third quarter. Larson Financial Group LLC now owns 10,575 shares of the company's stock worth $69,000 after acquiring an additional 5,827 shares in the last quarter. Silver Lake Advisory LLC purchased a new position in NexGen Energy in the fourth quarter worth $73,000. DekaBank Deutsche Girozentrale purchased a new position in NexGen Energy in the third quarter worth $76,000. SevenBridge Financial Group LLC purchased a new position in NexGen Energy in the third quarter worth $87,000. Finally, New Harbor Financial Group LLC raised its position in NexGen Energy by 20.0% in the third quarter. New Harbor Financial Group LLC now owns 15,000 shares of the company's stock worth $98,000 after acquiring an additional 2,500 shares in the last quarter. Hedge funds and other institutional investors own 42.43% of the company's stock.

NexGen Energy Price Performance

NexGen Energy stock traded up $0.09 during trading hours on Friday, hitting $6.54. The stock had a trading volume of 5,814,768 shares, compared to its average volume of 8,381,124. The stock has a market capitalization of $3.72 billion, a price-to-earnings ratio of 43.57 and a beta of 1.94. NexGen Energy Ltd. has a 1-year low of $4.95 and a 1-year high of $8.96. The stock's fifty day moving average is $7.12 and its two-hundred day moving average is $6.86.

NexGen Energy (NYSE:NXE - Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.01). During the same quarter in the prior year, the business earned ($0.04) earnings per share. As a group, sell-side analysts anticipate that NexGen Energy Ltd. will post -0.05 EPS for the current year.

About NexGen Energy

(Free Report)

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.

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Institutional Ownership by Quarter for NexGen Energy (NYSE:NXE)

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