NexGen Energy Ltd. (NXE) Benefitted from a Surge in Spot Uranium Prices

22 hours ago 1

Soumya Eswaran

Fri, December 12, 2025 astatine 7:29 AM CST 3 min read

L1 Capital, an concern absorption firm, released its “L1 Long Short Fund” (unhedged) third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. The L1 Long Short Fund (LSF) portfolio generated a instrumentality of 13.3% successful the September quarter, bringing the calendar-year show to 28.7%. Dovish Fed commentary, robust U.S. earnings, and a continued momentum successful A.I. concern lifted planetary equities higher successful the quarter. The portfolio performed good this quarter, with 19 stocks contributing implicit 0.5% to returns, and besides benefited from rising Gold and Copper prices. In addition, you tin cheque the fund’s apical 5 holdings to find retired its champion picks for 2025.

In its third-quarter 2025 capitalist letter, L1 Long Short Fund highlighted stocks specified arsenic Nexgen Energy Ltd. (NYSE:NXE). Nexgen Energy Ltd. (NYSE:NXE) is an exploration and improvement signifier company, engages successful the acquisition, exploration, evaluation, and improvement of uranium properties successful Canada. The one-month instrumentality for NexGen Energy Ltd. (NYSE:NXE) was 15.42%, and its shares gained 25.73% implicit the past 52 weeks. On December 11, 2025, NexGen Energy Ltd. (NYSE:NXE) banal closed astatine $9.43 per share, with a marketplace capitalization of $6.173 billion.

L1 Long Short Fund stated the pursuing regarding NexGen Energy Ltd. (NYSE:NXE) successful its 3rd 4th 2025 capitalist letter:

"Having extensively reviewed the investable beingness crossed the Uranium sector, we favour investing successful companies with tier 1 projects successful Western jurisdictions that volition germinate to go globally strategical assets. A cardinal prime successful the Long Short Fund has been NexGen Energy Ltd. (NYSE:NXE).