NexGen Energy Ltd. (NYSE:NXE - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $6.09, but opened at $6.33. NexGen Energy shares last traded at $6.36, with a volume of 1,027,337 shares changing hands.
NexGen Energy Stock Performance
The firm has a market capitalization of $3.66 billion, a PE ratio of 42.84 and a beta of 1.94. The stock has a fifty day moving average price of $7.30 and a 200-day moving average price of $6.87.
NexGen Energy (NYSE:NXE - Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). During the same quarter in the prior year, the firm posted ($0.04) earnings per share. Research analysts expect that NexGen Energy Ltd. will post -0.05 earnings per share for the current fiscal year.
Institutional Investors Weigh In On NexGen Energy
A number of hedge funds and other institutional investors have recently bought and sold shares of NXE. Millennium Management LLC grew its stake in shares of NexGen Energy by 109.6% during the second quarter. Millennium Management LLC now owns 1,641,407 shares of the company's stock worth $11,441,000 after acquiring an additional 858,471 shares during the last quarter. Kapitalo Investimentos Ltda purchased a new stake in NexGen Energy during the 3rd quarter worth approximately $6,585,000. New Harbor Financial Group LLC increased its stake in NexGen Energy by 20.0% during the 3rd quarter. New Harbor Financial Group LLC now owns 15,000 shares of the company's stock valued at $98,000 after purchasing an additional 2,500 shares in the last quarter. Stanley Laman Group Ltd. increased its stake in NexGen Energy by 2.1% during the 3rd quarter. Stanley Laman Group Ltd. now owns 490,040 shares of the company's stock valued at $3,200,000 after purchasing an additional 9,991 shares in the last quarter. Finally, Rye Brook Capital LLC raised its holdings in shares of NexGen Energy by 18.7% in the third quarter. Rye Brook Capital LLC now owns 695,000 shares of the company's stock worth $4,538,000 after buying an additional 109,500 shares during the last quarter. Hedge funds and other institutional investors own 42.43% of the company's stock.
About NexGen Energy
(
Get 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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