Olympiad Research LP purchased a new position in shares of NexGen Energy Ltd. (NYSE:NXE – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 23,579 shares of the company’s stock, valued at approximately $156,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Larson Financial Group LLC increased its stake in shares of NexGen Energy by 122.7% during 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 during the period. Silver Lake Advisory LLC acquired a new position in shares of NexGen Energy during the fourth quarter worth about $73,000. DekaBank Deutsche Girozentrale acquired a new position in shares of NexGen Energy during the third quarter worth about $76,000. Matauro LLC acquired a new position in shares of NexGen Energy during the fourth quarter worth about $84,000. Finally, SevenBridge Financial Group LLC acquired a new position in shares of NexGen Energy during the third quarter worth about $87,000. 42.43% of the stock is currently owned by institutional investors and hedge funds.
NexGen Energy Stock Down 5.2 %
Shares of NexGen Energy stock opened at $5.59 on Monday. The company’s 50-day simple moving average is $6.73 and its 200-day simple moving average is $6.88. NexGen Energy Ltd. has a 52-week low of $4.95 and a 52-week high of $8.96. The firm has a market cap of $3.18 billion, a price-to-earnings ratio of 37.24 and a beta of 1.94.
NexGen Energy Profile
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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