Arlington Capital Management Inc. purchased a new position in shares of NexGen Energy Ltd. (NYSE:NXE - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 162,433 shares of the company's stock, valued at approximately $1,137,000.
Other institutional investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of NexGen Energy by 7.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,505,360 shares of the company's stock worth $179,307,000 after purchasing an additional 1,744,062 shares during the period. Alps Advisors Inc. raised its holdings in NexGen Energy by 10.5% in the 3rd quarter. Alps Advisors Inc. now owns 12,319,817 shares of the company's stock valued at $73,549,000 after acquiring an additional 1,168,795 shares in the last quarter. Invesco Ltd. raised its holdings in NexGen Energy by 11.4% in the 3rd quarter. Invesco Ltd. now owns 3,374,628 shares of the company's stock valued at $20,147,000 after acquiring an additional 344,242 shares in the last quarter. FMR LLC lifted its position in shares of NexGen Energy by 99,379.5% during the 3rd quarter. FMR LLC now owns 11,674,918 shares of the company's stock valued at $69,882,000 after acquiring an additional 11,663,182 shares during the period. Finally, Van ECK Associates Corp grew its holdings in shares of NexGen Energy by 37.0% during the 3rd quarter. Van ECK Associates Corp now owns 1,210,228 shares of the company's stock worth $7,229,000 after purchasing an additional 327,166 shares in the last quarter. 42.43% of the stock is currently owned by institutional investors.
NexGen Energy Price Performance
Shares of NexGen Energy stock traded up $0.37 on Thursday, reaching $8.05. 7,934,865 shares of the stock were exchanged, compared to its average volume of 6,501,200. The company has a debt-to-equity ratio of 0.19, a quick ratio of 11.00 and a current ratio of 11.00. The firm has a market cap of $4.35 billion, a PE ratio of 402.70 and a beta of 1.90. The firm's 50 day moving average is $7.83 and its 200-day moving average is $7.20. NexGen Energy Ltd. has a one year low of $3.61 and a one year high of $8.88.
NexGen Energy (NYSE:NXE - Get Free Report) last released its earnings results on Wednesday, March 6th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.05). As a group, analysts anticipate that NexGen Energy Ltd. will post -0.09 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Separately, Scotiabank assumed coverage on NexGen Energy in a research note on Monday, April 1st. They issued a "sector outperform" rating for the company.
Read Our Latest Report on NXE
About NexGen Energy
(
Free Report)
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 100% interest in the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.
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