BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in NexGen Energy Ltd. (NYSEAMERICAN:NXE – Get Rating) by 4.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 171,329 shares of the company’s stock after acquiring an additional 7,993 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in NexGen Energy were worth $758,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently made changes to their positions in the company. Waratah Capital Advisors Ltd. grew its position in NexGen Energy by 110.2% during the 4th quarter. Waratah Capital Advisors Ltd. now owns 7,823,651 shares of the company’s stock worth $34,611,000 after purchasing an additional 4,101,505 shares during the period. Bank of New York Mellon Corp grew its position in NexGen Energy by 12.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 5,117,341 shares of the company’s stock worth $18,780,000 after purchasing an additional 583,441 shares during the period. Royal Bank of Canada grew its position in NexGen Energy by 26.1% during the 3rd quarter. Royal Bank of Canada now owns 4,181,118 shares of the company’s stock worth $15,346,000 after purchasing an additional 864,226 shares during the period. 1832 Asset Management L.P. grew its position in NexGen Energy by 3.5% during the 1st quarter. 1832 Asset Management L.P. now owns 3,976,501 shares of the company’s stock worth $22,242,000 after purchasing an additional 135,711 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in NexGen Energy by 24.2% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,715,100 shares of the company’s stock worth $16,436,000 after purchasing an additional 723,106 shares during the period. 25.66% of the stock is owned by institutional investors and hedge funds.
NexGen Energy Stock Up 3.0 %
Shares of NXE opened at $4.44 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 11.19 and a current ratio of 11.19. NexGen Energy Ltd. has a fifty-two week low of $3.39 and a fifty-two week high of $5.33.
About NexGen Energy
NexGen Energy Ltd. engages in the exploration and development of uranium properties. Its uranium project portfolio includes Arrow, South Arrow, Harpoon, Bow, IsoEnergy, SW1, SW2, SW3, and IsoEnergy properties. The company was founded by Leigh B. Curyer on March 8, 2011 and is headquartered in Vancouver, Canada.
Further Reading
- Get a free copy of the StockNews.com research report on NexGen Energy (NXE)
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