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

PCJ Investment Counsel Ltd. grew its position in NexGen Energy Ltd. (NYSE:NXE) by 11.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 208,090 shares of the company’s stock after buying an additional 22,090 shares during the period. PCJ Investment Counsel Ltd.’s holdings in NexGen Energy were worth $1,371,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Segra Capital Management LLC grew its stake in shares of NexGen Energy by 19.8% during the third quarter. Segra Capital Management LLC now owns 11,671,758 shares of the company’s stock worth $76,217,000 after purchasing an additional 1,931,200 shares during the period. Van ECK Associates Corp grew its stake in shares of NexGen Energy by 79.7% during the fourth quarter. Van ECK Associates Corp now owns 8,481,026 shares of the company’s stock worth $55,971,000 after purchasing an additional 3,762,756 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of NexGen Energy by 792.0% during the third quarter. The Manufacturers Life Insurance Company now owns 7,115,250 shares of the company’s stock worth $46,434,000 after purchasing an additional 6,317,538 shares during the period. Mountaineer Partners Management LLC grew its stake in shares of NexGen Energy by 536.6% during the third quarter. Mountaineer Partners Management LLC now owns 3,686,231 shares of the company’s stock worth $24,071,000 after purchasing an additional 3,107,214 shares during the period. Finally, Philadelphia Financial Management of San Francisco LLC grew its stake in shares of NexGen Energy by 18.0% during the third quarter. Philadelphia Financial Management of San Francisco LLC now owns 3,022,615 shares of the company’s stock worth $19,738,000 after purchasing an additional 461,185 shares during the period. 42.43% of the stock is owned by institutional investors and hedge funds.

NexGen Energy Stock Down 1.3 %

Shares of NexGen Energy stock opened at $4.87 on Friday. NexGen Energy Ltd. has a 12 month low of $4.58 and a 12 month high of $8.96. The business has a fifty day simple moving average of $6.35 and a 200 day simple moving average of $6.82. The stock has a market cap of $2.77 billion, a PE ratio of 32.44 and a beta of 1.97.

About NexGen Energy

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.