MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Sells 4,573,015 Shares of NexGen Energy $NXE

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lessened its stake in shares of NexGen Energy (NYSE:NXE) by 13.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,419,345 shares of the company’s stock after selling 4,573,015 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.05% of NexGen Energy worth $203,963,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of NXE. Compound Planning Inc. bought a new position in shares of NexGen Energy in the first quarter worth about $46,000. PenderFund Capital Management Ltd. increased its holdings in shares of NexGen Energy by 45.0% during the first quarter. PenderFund Capital Management Ltd. now owns 11,600 shares of the company’s stock worth $52,000 after buying an additional 3,600 shares in the last quarter. Ground Swell Capital LLC acquired a new stake in shares of NexGen Energy during the 1st quarter valued at $55,000. Canton Hathaway LLC bought a new stake in NexGen Energy during the 2nd quarter worth $57,000. Finally, Olympiad Research LP bought a new position in NexGen Energy in the 2nd quarter valued at approximately $73,000. 42.43% of the stock is currently owned by institutional investors.

NexGen Energy Price Performance

NYSE:NXE opened at $9.43 on Friday. NexGen Energy has a one year low of $3.91 and a one year high of $9.99. The firm has a 50-day moving average of $8.78 and a 200-day moving average of $7.74. The company has a market cap of $6.17 billion, a PE ratio of -23.00 and a beta of 1.54.

NexGen Energy (NYSE:NXE) last issued its quarterly earnings data on Wednesday, November 5th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.01). On average, equities research analysts expect that NexGen Energy will post -0.05 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on NXE. Raymond James Financial reissued an “outperform” rating on shares of NexGen Energy in a research note on Friday, October 10th. Weiss Ratings reissued a “sell (d)” rating on shares of NexGen Energy in a research report on Wednesday, October 8th. Finally, Zacks Research upgraded NexGen Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

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.