Harbour Capital Advisors LLC purchased a new stake in shares of NexGen Energy Ltd. (NYSE:NXE – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 62,650 shares of the company’s stock, valued at approximately $413,000.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Segra Capital Management LLC increased its position in NexGen Energy by 19.8% during the 3rd quarter. Segra Capital Management LLC now owns 11,671,758 shares of the company’s stock valued at $76,217,000 after purchasing an additional 1,931,200 shares during the period. The Manufacturers Life Insurance Company increased its position in NexGen Energy by 792.0% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 7,115,250 shares of the company’s stock valued at $46,434,000 after buying an additional 6,317,538 shares in the last quarter. Van ECK Associates Corp raised its position in shares of NexGen Energy by 50.5% in the 3rd quarter. Van ECK Associates Corp now owns 4,718,270 shares of the company’s stock worth $30,810,000 after purchasing an additional 1,582,705 shares during the last quarter. Mountaineer Partners Management LLC boosted its stake in NexGen Energy by 536.6% in the 3rd quarter. Mountaineer Partners Management LLC now owns 3,686,231 shares of the company’s stock worth $24,071,000 after purchasing an additional 3,107,214 shares in the last quarter. Finally, Philadelphia Financial Management of San Francisco LLC grew its position in NexGen Energy by 18.0% during the 3rd quarter. Philadelphia Financial Management of San Francisco LLC now owns 3,022,615 shares of the company’s stock valued at $19,738,000 after purchasing an additional 461,185 shares during the last quarter. Hedge funds and other institutional investors own 42.43% of the company’s stock.
NexGen Energy Stock Performance
Shares of NexGen Energy stock opened at $6.69 on Tuesday. The company has a 50-day simple moving average of $7.55 and a two-hundred day simple moving average of $6.89. The stock has a market capitalization of $3.79 billion, a PE ratio of 44.60 and a beta of 1.96. NexGen Energy Ltd. has a 52-week low of $4.95 and a 52-week high of $8.96.
About NexGen Energy
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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