Fielder Capital Group LLC Reduces Holdings in Denison Mine Corp $DNN

Fielder Capital Group LLC decreased its holdings in shares of Denison Mine Corp (NYSEAMERICAN:DNNFree Report) (TSE:DML) by 14.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,005,148 shares of the basic materials company’s stock after selling 172,772 shares during the period. Fielder Capital Group LLC owned approximately 0.11% of Denison Mine worth $2,674,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of DNN. Royal Bank of Canada lifted its holdings in shares of Denison Mine by 14.6% during the first quarter. Royal Bank of Canada now owns 4,317,738 shares of the basic materials company’s stock worth $5,613,000 after purchasing an additional 550,064 shares during the period. Millennium Management LLC lifted its holdings in shares of Denison Mine by 11.5% during the first quarter. Millennium Management LLC now owns 5,710,330 shares of the basic materials company’s stock worth $7,423,000 after purchasing an additional 587,352 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Denison Mine by 2.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,687,875 shares of the basic materials company’s stock worth $2,194,000 after purchasing an additional 45,125 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Denison Mine by 62.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,504,193 shares of the basic materials company’s stock worth $1,955,000 after purchasing an additional 578,365 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Denison Mine by 29.4% during the second quarter. Envestnet Asset Management Inc. now owns 55,962 shares of the basic materials company’s stock worth $102,000 after purchasing an additional 12,705 shares during the period. Institutional investors and hedge funds own 36.74% of the company’s stock.

Denison Mine Trading Down 1.4%

Shares of NYSEAMERICAN:DNN opened at $3.43 on Tuesday. Denison Mine Corp has a 12-month low of $1.51 and a 12-month high of $4.43. The company has a market capitalization of $3.10 billion, a PE ratio of -14.91 and a beta of 1.18. The business has a 50 day moving average of $3.58 and a two-hundred day moving average of $3.41. The company has a current ratio of 13.77, a quick ratio of 13.46 and a debt-to-equity ratio of 2.81.

Wall Street Analyst Weigh In

A number of research firms recently commented on DNN. Roth Mkm reaffirmed a “buy” rating and set a $4.25 target price on shares of Denison Mine in a report on Wednesday, February 18th. TD Securities lifted their target price on Denison Mine from $6.00 to $6.50 and gave the stock a “buy” rating in a report on Thursday, March 12th. Scotiabank reaffirmed an “outperform” rating on shares of Denison Mine in a report on Thursday, May 14th. Finally, Zacks Research downgraded Denison Mine from a “strong-buy” rating to a “hold” rating in a report on Friday, May 15th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $5.38.

Get Our Latest Analysis on Denison Mine

About Denison Mine

(Free Report)

Denison Mines Corp. (NYSEAMERICAN:DNN) is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of Saskatchewan. The company’s core business is the discovery, evaluation and advancement of high-grade uranium projects that can supply fuel for the global nuclear power industry.

Denison’s flagship asset is the 66.9%-owned Wheeler River Project, one of the largest undeveloped high-grade uranium deposits in the Athabasca Basin. In addition to Wheeler River, Denison holds interests in several other exploration properties across northern Saskatchewan and maintains a strategic partnership in the McClean Lake uranium mill, providing it with downstream processing capabilities for future production.

Founded in 1974, Denison Mines has accumulated decades of geological expertise in one of the world’s most prolific uranium districts.

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Institutional Ownership by Quarter for Denison Mine (NYSEAMERICAN:DNN)

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