Exeter Resource Corp. (NYSEAMEX:XRA) investors should pay attention to an increase in enthusiasm from smart money lately.
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With all of this in mind, it’s important to take a glance at the latest action surrounding Exeter Resource Corp. (NYSEAMEX:XRA).
Hedge fund activity in Exeter Resource Corp. (NYSEAMEX:XRA)
At Q1’s end, a total of 6 of the hedge funds we track were bullish in this stock, a change of 20% from the first quarter. With hedgies’ capital changing hands, there exists a select group of key hedge fund managers who were increasing their holdings substantially.
Consequently, specific money managers were breaking ground themselves. Royce & Associates, managed by Chuck Royce, assembled the biggest position in Exeter Resource Corp. (NYSEAMEX:XRA). Royce & Associates had 0.6 million invested in the company at the end of the quarter. Ken Griffin’s Citadel Investment Group also made a $0 million investment in the stock during the quarter.
How have insiders been trading Exeter Resource Corp. (NYSEAMEX:XRA)?
Insider purchases made by high-level executives is at its handiest when the company we’re looking at has seen transactions within the past six months. Over the latest 180-day time period, Exeter Resource Corp. (NYSEAMEX:XRA) has experienced zero unique insiders purchasing, and zero insider sales (see the details of insider trades here).
Let’s go over hedge fund and insider activity in other stocks similar to Exeter Resource Corp. (NYSEAMEX:XRA). These stocks are Claude Resources Inc. (USA) (NYSEAMEX:CGR), Kingold Jewelry Inc. (NASDAQ:KGJI), Gold Standard Ventures Corp (NYSEAMEX:GSV), Comstock Mining, Inc. (NYSEAMEX:LODE), and Richmont Mines Inc. (USA) (NYSEAMEX:RIC). This group of stocks are the members of the gold industry and their market caps match XRA’s market cap.