PCJ Investment Counsel Ltd. Has $1.37 Million Stake in NexGen Energy Ltd. (NYSE:NXE)

PCJ Investment Counsel Ltd. increased its stake in shares of NexGen Energy Ltd. (NYSE:NXE) by 11.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 208,090 shares of the company’s stock after acquiring an additional 22,090 shares during the period. PCJ Investment Counsel Ltd.’s holdings in NexGen Energy were worth $1,371,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Azarias Capital Management L.P. increased its holdings in shares of NexGen Energy by 15.3% during the 4th quarter. Azarias Capital Management L.P. now owns 2,038,627 shares of the company’s stock valued at $13,455,000 after acquiring an additional 271,153 shares during the last quarter. CIBC Asset Management Inc grew its holdings in NexGen Energy by 13.4% in the 3rd quarter. CIBC Asset Management Inc now owns 926,314 shares of the company’s stock valued at $6,043,000 after buying an additional 109,754 shares during the last quarter. Mountaineer Partners Management LLC grew its holdings 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 valued at $24,071,000 after buying an additional 3,107,214 shares during the last quarter. Toronto Dominion Bank grew its holdings in NexGen Energy by 719.6% in the 3rd quarter. Toronto Dominion Bank now owns 180,140 shares of the company’s stock valued at $1,176,000 after buying an additional 158,160 shares during the last quarter. Finally, Barclays PLC grew its holdings in NexGen Energy by 328.3% in the 3rd quarter. Barclays PLC now owns 187,861 shares of the company’s stock valued at $1,227,000 after buying an additional 143,996 shares during the last quarter. Institutional investors and hedge funds own 42.43% of the company’s stock.

NexGen Energy Stock Down 1.3 %

NXE opened at $4.87 on Friday. The firm has a market capitalization of $2.77 billion, a P/E ratio of 32.44 and a beta of 1.97. The stock’s 50 day moving average price is $6.35 and its two-hundred day moving average price is $6.82. NexGen Energy Ltd. has a 12-month low of $4.58 and a 12-month high of $8.96.

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.