150,000 Shares in NexGen Energy Ltd. (NYSE:NXE) Bought by Silphium Asset Management Ltd

Silphium Asset Management Ltd bought a new position in NexGen Energy Ltd. (NYSE:NXE) during the 4th quarter, Holdings Channel reports. The institutional investor bought 150,000 shares of the company’s stock, valued at approximately $990,000.

Other large investors have also made changes to their positions in the company. Azarias Capital Management L.P. raised its position in shares of NexGen Energy by 15.3% in the 4th quarter. Azarias Capital Management L.P. now owns 2,038,627 shares of the company’s stock worth $13,455,000 after buying an additional 271,153 shares during the period. CIBC Asset Management Inc increased 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 purchasing an additional 109,754 shares in the last quarter. Mountaineer Partners Management LLC increased 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 purchasing an additional 3,107,214 shares in the last quarter. Toronto Dominion Bank increased 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 purchasing an additional 158,160 shares in the last quarter. Finally, Barclays PLC increased 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 purchasing an additional 143,996 shares in the last quarter. 42.43% of the stock is owned by hedge funds and other institutional investors.

NexGen Energy Trading Up 1.2 %

Shares of NYSE NXE opened at $5.29 on Monday. NexGen Energy Ltd. has a 12-month low of $4.95 and a 12-month high of $8.96. The company has a market cap of $3.01 billion, a P/E ratio of 35.24 and a beta of 1.94. The stock has a fifty day moving average price of $6.55 and a 200 day moving average price of $6.87.

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.