CIBC World Markets Inc. lowered its holdings in shares of NexGen Energy Ltd (NYSEAMERICAN:NXE) by 11.8% during the first quarter, HoldingsChannel reports. The firm owned 68,585 shares of the company’s stock after selling 9,200 shares during the period. CIBC World Markets Inc.’s holdings in NexGen Energy were worth $111,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of NexGen Energy in the fourth quarter valued at approximately $18,867,000. Old West Investment Management LLC lifted its position in shares of NexGen Energy by 152.5% in the fourth quarter. Old West Investment Management LLC now owns 1,687,256 shares of the company’s stock valued at $3,003,000 after acquiring an additional 1,019,144 shares in the last quarter. Deutsche Bank AG lifted its position in shares of NexGen Energy by 63,606,800.0% in the fourth quarter. Deutsche Bank AG now owns 636,069 shares of the company’s stock valued at $1,131,000 after acquiring an additional 636,068 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp purchased a new position in shares of NexGen Energy in the first quarter valued at approximately $1,208,000. Finally, D. E. Shaw & Co. Inc. lifted its position in shares of NexGen Energy by 654.2% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 453,300 shares of the company’s stock valued at $801,000 after acquiring an additional 393,200 shares in the last quarter.
NYSEAMERICAN NXE opened at $1.49 on Thursday. NexGen Energy Ltd has a 1-year low of $1.35 and a 1-year high of $2.53.
NexGen Energy (NYSEAMERICAN:NXE) last released its earnings results on Thursday, May 9th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.04.
TRADEMARK VIOLATION WARNING: “NexGen Energy Ltd (NYSEAMERICAN:NXE) Holdings Cut by CIBC World Markets Inc.” was first published by Transcript Daily and is the property of of Transcript Daily. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at https://transcriptdaily.com/2019/06/13/nexgen-energy-ltd-nyseamericannxe-holdings-cut-by-cibc-world-markets-inc.html.
NexGen Energy Profile
NexGen Energy Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of uranium properties in Canada. Its principal property is the Rook I project that consists of 32 contiguous mineral claims covering 35,065 hectares located in the southwest Athabasca Basin, Saskatchewan.
Featured Article: How to interpret Moving Average Convergence Divergence (MACD)
Want to see what other hedge funds are holding NXE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NexGen Energy Ltd (NYSEAMERICAN:NXE).
Receive News & Ratings for NexGen Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexGen Energy and related companies with MarketBeat.com's FREE daily email newsletter.