Olympiad Research LP Makes New $156,000 Investment in NexGen Energy Ltd. (NYSE:NXE)

Olympiad Research LP bought a new position in shares of NexGen Energy Ltd. (NYSE:NXE) during the 4th quarter, Holdings Channel reports. The firm bought 23,579 shares of the company’s stock, valued at approximately $156,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Larson Financial Group LLC lifted its holdings in shares of NexGen Energy by 122.7% in the third 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. Silver Lake Advisory LLC purchased a new stake in shares of NexGen Energy in the fourth quarter valued at about $73,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of NexGen Energy in the third quarter valued at about $76,000. SevenBridge Financial Group LLC purchased a new stake in shares of NexGen Energy in the third quarter valued at about $87,000. Finally, Matauro LLC purchased a new stake in shares of NexGen Energy in the fourth quarter valued at about $84,000. 42.43% of the stock is currently owned by institutional investors and hedge funds.

NexGen Energy Price Performance

Shares of NYSE NXE opened at $5.59 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 capitalization of $3.18 billion, a PE ratio of 37.24 and a beta of 1.94. The firm’s 50-day moving average is $6.73 and its two-hundred day moving average is $6.88.

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.