Cibc World Market Inc. Increases Stock Holdings in Denison Mine Corp $DNN

Posted by Brian Himes on Jun 10th, 2026

Cibc World Market Inc. raised its stake in Denison Mine Corp (NYSEAMERICAN:DNN – Free Report) (TSE:DML) by 87.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 772,846 shares of the basic materials company’s stock after purchasing an additional 360,835 shares during the period. Cibc World Market Inc.’s holdings in Denison Mine were worth $2,048,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in DNN. Royal Bank of Canada increased its stake in Denison Mine by 14.6% in the first quarter. Royal Bank of Canada now owns 4,317,738 shares of the basic materials company’s stock valued at $5,613,000 after purchasing an additional 550,064 shares during the last quarter. Millennium Management LLC grew its position 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 acquiring an additional 587,352 shares during the last quarter. Goldman Sachs Group Inc. grew its position 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 acquiring an additional 45,125 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position 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 acquiring an additional 578,365 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position 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 acquiring an additional 12,705 shares during the last quarter. 36.74% of the stock is currently owned by hedge funds and other institutional investors.

Denison Mine Price Performance

Shares of NYSEAMERICAN DNN opened at $2.95 on Wednesday. The company has a debt-to-equity ratio of 2.81, a current ratio of 13.77 and a quick ratio of 13.46. The stock has a fifty day moving average price of $3.56 and a 200 day moving average price of $3.45. Denison Mine Corp has a 1-year low of $1.56 and a 1-year high of $4.43. The company has a market cap of $2.67 billion, a PE ratio of -12.83 and a beta of 1.18.

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on DNN

Denison Mine Profile

(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.