NexGen Energy Ltd. (NYSE:NXE) Position Decreased by MMCAP International Inc. SPC

MMCAP International Inc. SPC decreased its holdings in shares of NexGen Energy Ltd. (NYSE:NXE) by 96.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 100,000 shares of the company’s stock after selling 2,431,568 shares during the period. MMCAP International Inc. SPC’s holdings in NexGen Energy were worth $660,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Janney Montgomery Scott LLC boosted its position in shares of NexGen Energy by 10.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 15,345 shares of the company’s stock valued at $101,000 after purchasing an additional 1,500 shares in the last quarter. Investment Management Corp of Ontario boosted its position in shares of NexGen Energy by 14.6% during the 3rd quarter. Investment Management Corp of Ontario now owns 25,070 shares of the company’s stock valued at $164,000 after purchasing an additional 3,200 shares in the last quarter. Tcfg Wealth Management LLC boosted its position in shares of NexGen Energy by 6.3% during the 4th quarter. Tcfg Wealth Management LLC now owns 62,500 shares of the company’s stock valued at $412,000 after purchasing an additional 3,700 shares in the last quarter. Larson Financial Group LLC boosted its position 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 valued at $69,000 after purchasing an additional 5,827 shares in the last quarter. Finally, Rye Brook Capital LLC boosted its position in shares of NexGen Energy by 0.9% during the 4th quarter. Rye Brook Capital LLC now owns 701,000 shares of the company’s stock valued at $4,627,000 after purchasing an additional 6,000 shares in the last quarter. Institutional investors own 42.43% of the company’s stock.

NexGen Energy Trading Down 3.2 %

NYSE:NXE opened at $5.35 on Wednesday. NexGen Energy Ltd. has a twelve month low of $4.95 and a twelve month high of $8.96. The company has a 50-day moving average of $6.65 and a 200-day moving average of $6.88. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 35.68 and a beta of 1.94.

NexGen Energy Company 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.