Tower Research Capital LLC TRC Has $118,000 Position in NexGen Energy Ltd. (NYSEAMERICAN:NXE)

Tower Research Capital LLC TRC increased its position in NexGen Energy Ltd. (NYSEAMERICAN:NXE) by 3,903.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,943 shares of the company’s stock after buying an additional 30,170 shares during the period. Tower Research Capital LLC TRC’s holdings in NexGen Energy were worth $118,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Waratah Capital Advisors Ltd. grew its stake in shares of NexGen Energy by 110.2% in the 4th quarter. Waratah Capital Advisors Ltd. now owns 7,823,651 shares of the company’s stock valued at $34,611,000 after buying an additional 4,101,505 shares during the period. Bank of New York Mellon Corp grew its stake in shares of NexGen Energy by 0.9% in the 1st quarter. Bank of New York Mellon Corp now owns 6,708,627 shares of the company’s stock valued at $25,694,000 after buying an additional 58,319 shares during the period. 1832 Asset Management L.P. grew its stake in shares of NexGen Energy by 3.5% in the 1st quarter. 1832 Asset Management L.P. now owns 3,976,501 shares of the company’s stock valued at $22,242,000 after buying an additional 135,711 shares during the period. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of NexGen Energy by 24.2% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,715,100 shares of the company’s stock valued at $16,436,000 after buying an additional 723,106 shares during the period. Finally, Old West Investment Management LLC grew its stake in shares of NexGen Energy by 1.5% in the 1st quarter. Old West Investment Management LLC now owns 3,704,983 shares of the company’s stock valued at $14,190,000 after buying an additional 54,493 shares during the period. 29.46% of the stock is currently owned by institutional investors and hedge funds.

NexGen Energy Stock Performance

Shares of NXE opened at $5.27 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 6.78 and a quick ratio of 6.78. The stock has a market capitalization of $2.59 billion, a PE ratio of -43.92 and a beta of 1.93. NexGen Energy Ltd. has a one year low of $3.40 and a one year high of $5.36.

NexGen Energy (NYSEAMERICAN:NXE) last announced its quarterly earnings results on Wednesday, August 9th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.02). As a group, analysts forecast that NexGen Energy Ltd. will post -0.07 EPS for the current year.

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 100% interest in the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.