NexGen Energy Ltd. (NYSE:NXE) Shares Sold by MMCAP International Inc. SPC

MMCAP International Inc. SPC lessened its position in NexGen Energy Ltd. (NYSE:NXE) by 96.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 100,000 shares of the company’s stock after selling 2,431,568 shares during the period. MMCAP International Inc. SPC’s holdings in NexGen Energy were worth $660,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Azarias Capital Management L.P. increased its holdings in shares of NexGen Energy by 15.3% in the 4th quarter. Azarias Capital Management L.P. now owns 2,038,627 shares of the company’s stock worth $13,455,000 after acquiring an additional 271,153 shares during the period. CIBC Asset Management Inc increased its stake in NexGen Energy by 13.4% during the 3rd quarter. CIBC Asset Management Inc now owns 926,314 shares of the company’s stock valued at $6,043,000 after buying an additional 109,754 shares during the period. Mountaineer Partners Management LLC increased its stake in NexGen Energy by 536.6% during the 3rd quarter. Mountaineer Partners Management LLC now owns 3,686,231 shares of the company’s stock valued at $24,071,000 after buying an additional 3,107,214 shares during the period. Toronto Dominion Bank increased its stake in NexGen Energy by 719.6% during the 3rd quarter. Toronto Dominion Bank now owns 180,140 shares of the company’s stock valued at $1,176,000 after buying an additional 158,160 shares during the period. Finally, Barclays PLC increased its stake in NexGen Energy by 328.3% during the 3rd quarter. Barclays PLC now owns 187,861 shares of the company’s stock valued at $1,227,000 after buying an additional 143,996 shares during the period. Institutional investors and hedge funds own 42.43% of the company’s stock.

NexGen Energy Trading Down 3.2 %

NexGen Energy stock opened at $5.35 on Wednesday. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 35.68 and a beta of 1.94. The company’s 50-day moving average price is $6.65 and its two-hundred day moving average price is $6.88. NexGen Energy Ltd. has a 52 week low of $4.95 and a 52 week high of $8.96.

NexGen Energy Company 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.