NexGen Energy Ltd. (NYSE:NXE) Shares Purchased by Rye Brook Capital LLC

Rye Brook Capital LLC boosted its stake in NexGen Energy Ltd. (NYSE:NXE) by 0.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 701,000 shares of the company’s stock after acquiring an additional 6,000 shares during the period. NexGen Energy accounts for about 5.5% of Rye Brook Capital LLC’s holdings, making the stock its 7th biggest position. Rye Brook Capital LLC’s holdings in NexGen Energy were worth $4,627,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its holdings in shares of 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 buying an additional 5,827 shares during the period. Silver Lake Advisory LLC purchased a new stake in shares of NexGen Energy during the 4th quarter worth approximately $73,000. DekaBank Deutsche Girozentrale purchased a new position in NexGen Energy in the 3rd quarter valued at approximately $76,000. SevenBridge Financial Group LLC acquired a new position in shares of NexGen Energy during the 3rd quarter worth $87,000. Finally, Sanctuary Advisors LLC acquired a new position in NexGen Energy during the third quarter worth about $98,000. 42.43% of the stock is owned by institutional investors and hedge funds.

NexGen Energy Price Performance

Shares of NexGen Energy stock opened at $6.16 on Wednesday. NexGen Energy Ltd. has a 1 year low of $4.95 and a 1 year high of $8.96. The business has a 50 day moving average price of $6.85 and a 200 day moving average price of $6.87. The company has a market capitalization of $3.50 billion, a P/E ratio of 41.04 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.