Van ECK Associates Corp grew its holdings in NexGen Energy Ltd. (NYSE:NXE - Free Report) by 79.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,481,026 shares of the company's stock after buying an additional 3,762,756 shares during the period. Van ECK Associates Corp owned 1.49% of NexGen Energy worth $55,971,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC raised its holdings in NexGen Energy by 122.7% in the 3rd quarter. Larson Financial Group LLC now owns 10,575 shares of the company's stock valued at $69,000 after acquiring an additional 5,827 shares in the last quarter. Silver Lake Advisory LLC acquired a new position in NexGen Energy during the 4th quarter worth about $73,000. DekaBank Deutsche Girozentrale acquired a new position in NexGen Energy during the 3rd quarter worth about $76,000. SevenBridge Financial Group LLC acquired a new position in NexGen Energy during the 3rd quarter worth about $87,000. Finally, New Harbor Financial Group LLC lifted its stake in shares of NexGen Energy by 20.0% in 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 during the period. 42.43% of the stock is owned by institutional investors and hedge funds.
NexGen Energy Trading Down 6.5 %
NXE stock traded down $0.43 during trading on Monday, reaching $6.07. 10,284,401 shares of the stock were exchanged, compared to its average volume of 8,381,124. The firm's 50 day moving average is $6.92 and its 200 day moving average is $6.87. NexGen Energy Ltd. has a twelve month low of $4.95 and a twelve month high of $8.96. The firm has a market cap of $3.45 billion, a P/E ratio of 40.44 and a beta of 1.94.
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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