NexGen Energy Ltd. (NYSE:NXE) Shares Purchased by Mackenzie Financial Corp

Mackenzie Financial Corp increased its stake in shares of NexGen Energy Ltd. (NYSE:NXE) by 39.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 269,159 shares of the company’s stock after acquiring an additional 76,568 shares during the period. Mackenzie Financial Corp’s holdings in NexGen Energy were worth $1,884,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NXE. Headlands Technologies LLC acquired a new stake in NexGen Energy during the third quarter worth about $28,000. Financial Security Advisor Inc. acquired a new stake in NexGen Energy during the third quarter worth about $61,000. Anchor Investment Management LLC acquired a new stake in NexGen Energy during the fourth quarter worth about $63,000. Clear Street Markets LLC acquired a new stake in NexGen Energy during the third quarter worth about $65,000. Finally, Southland Equity Partners LLC acquired a new stake in NexGen Energy during the fourth quarter worth about $123,000. 42.43% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Scotiabank began coverage on NexGen Energy in a report on Monday, April 1st. They set a “sector outperform” rating on the stock.

NexGen Energy Stock Performance

Shares of NXE stock opened at $7.82 on Wednesday. The company has a market capitalization of $4.22 billion, a P/E ratio of 390.95 and a beta of 1.90. The business’s 50 day moving average is $7.63 and its two-hundred day moving average is $7.02. The company has a current ratio of 11.00, a quick ratio of 11.00 and a debt-to-equity ratio of 0.19. NexGen Energy Ltd. has a 12-month low of $3.49 and a 12-month high of $8.88.

NexGen Energy (NYSE:NXE) last issued its quarterly earnings results on Wednesday, March 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.05). Analysts expect that NexGen Energy Ltd. will post -0.1 EPS for the current fiscal year.

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 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.