Rye Brook Capital LLC Buys 6,000 Shares of NexGen Energy Ltd. (NYSE:NXE)

Rye Brook Capital LLC grew its position in shares of NexGen Energy Ltd. (NYSE:NXE) by 0.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 701,000 shares of the company’s stock after purchasing an additional 6,000 shares during the quarter. NexGen Energy makes up about 5.5% of Rye Brook Capital LLC’s portfolio, making the stock its 7th biggest holding. Rye Brook Capital LLC owned 0.12% of NexGen Energy worth $4,627,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NXE. Larson Financial Group LLC lifted 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 purchasing an additional 5,827 shares in the last quarter. Silver Lake Advisory LLC purchased a new stake in NexGen Energy during the 4th quarter valued at about $73,000. DekaBank Deutsche Girozentrale purchased a new position in NexGen Energy in the 3rd quarter worth approximately $76,000. SevenBridge Financial Group LLC acquired a new position in shares of NexGen Energy during the 3rd quarter worth approximately $87,000. Finally, Sanctuary Advisors LLC acquired a new position in NexGen Energy during the third quarter worth $98,000. Hedge funds and other institutional investors own 42.43% of the company’s stock.

NexGen Energy Trading Up 1.4 %

Shares of NXE opened at $6.16 on Wednesday. The firm has a market capitalization of $3.50 billion, a P/E ratio of 41.04 and a beta of 1.94. NexGen Energy Ltd. has a 12-month low of $4.95 and a 12-month high of $8.96. The firm has a 50-day moving average price of $6.85 and a 200 day moving average price of $6.87.

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.