Van ECK Associates Corp Has $55.97 Million Holdings in NexGen Energy Ltd. (NYSE:NXE)

Van ECK Associates Corp boosted its holdings in shares of NexGen Energy Ltd. (NYSE:NXE) by 79.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,481,026 shares of the company’s stock after acquiring an additional 3,762,756 shares during the quarter. Van ECK Associates Corp owned 1.49% of NexGen Energy worth $55,971,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Larson Financial Group LLC raised its stake in shares of NexGen Energy by 122.7% during the 3rd quarter. Larson Financial Group LLC now owns 10,575 shares of the company’s stock worth $69,000 after purchasing an additional 5,827 shares in the last quarter. Silver Lake Advisory LLC purchased a new stake in shares of NexGen Energy during the 4th quarter worth about $73,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of NexGen Energy during the 3rd quarter worth about $76,000. SevenBridge Financial Group LLC purchased a new stake in shares of NexGen Energy during the 3rd quarter worth about $87,000. Finally, New Harbor Financial Group LLC raised its stake in shares of NexGen Energy by 20.0% during the 3rd quarter. New Harbor Financial Group LLC now owns 15,000 shares of the company’s stock worth $98,000 after purchasing an additional 2,500 shares in the last quarter. 42.43% of the stock is currently owned by institutional investors and hedge funds.

NexGen Energy Price Performance

NXE opened at $6.48 on Friday. NexGen Energy Ltd. has a fifty-two week low of $4.95 and a fifty-two week high of $8.96. The business has a 50-day moving average of $7.01 and a 200-day moving average of $6.87. The company has a market capitalization of $3.68 billion, a PE ratio of 43.17 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.