U S Global Investors Inc. Invests $165,000 in NexGen Energy Ltd. (NYSE:NXE)

U S Global Investors Inc. bought a new position in NexGen Energy Ltd. (NYSE:NXE) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $165,000.

Several other institutional investors have also modified their holdings of NXE. DekaBank Deutsche Girozentrale acquired a new position in NexGen Energy in the third quarter worth approximately $76,000. Van ECK Associates Corp grew its holdings in shares of NexGen Energy by 50.5% in the 3rd quarter. Van ECK Associates Corp now owns 4,718,270 shares of the company’s stock worth $30,810,000 after acquiring an additional 1,582,705 shares during the last quarter. Old West Investment Management LLC raised its position in shares of NexGen Energy by 61.4% during the third quarter. Old West Investment Management LLC now owns 1,143,028 shares of the company’s stock worth $7,464,000 after purchasing an additional 434,670 shares during the period. CIBC Asset Management Inc lifted its holdings in shares of NexGen Energy by 13.4% during the third 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 during the last quarter. Finally, Natixis Advisors LLC boosted its position in shares of NexGen Energy by 39.2% in the 3rd quarter. Natixis Advisors LLC now owns 57,820 shares of the company’s stock valued at $378,000 after purchasing an additional 16,296 shares during the period. Institutional investors and hedge funds own 42.43% of the company’s stock.

NexGen Energy Trading Down 3.2 %

Shares of NXE opened at $5.23 on Friday. The business’s 50-day moving average price is $6.59 and its 200 day moving average price is $6.86. The stock has a market capitalization of $2.97 billion, a P/E ratio of 34.84 and a beta of 1.94. NexGen Energy Ltd. has a 1-year low of $4.95 and a 1-year high of $8.96.

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.