Denison Mine Target of Unusually Large Options Trading (NYSEAMERICAN:DNN)

Posted by Brian Himes on Aug 24th, 2026

Denison Mine Corp (NYSEAMERICAN:DNN – Get Free Report) (TSE:DML) saw some unusual options trading activity on Monday. Traders purchased 13,180 call options on the company. This represents an increase of approximately 183% compared to the typical volume of 4,665 call options.

Institutional Investors Weigh In On Denison Mine

Institutional investors and hedge funds have recently made changes to their positions in the company. Two Sigma Investments LP increased its position in Denison Mine by 1,696.3% in the third quarter. Two Sigma Investments LP now owns 17,026,392 shares of the basic materials company’s stock worth $46,823,000 after purchasing an additional 16,078,514 shares during the period. Van ECK Associates Corp raised its holdings in Denison Mine by 22.4% during the 2nd quarter. Van ECK Associates Corp now owns 87,521,620 shares of the basic materials company’s stock worth $267,557,000 after purchasing an additional 16,013,484 shares during the last quarter. L1 Capital Pty Ltd lifted its position in Denison Mine by 4,544.0% during the 3rd quarter. L1 Capital Pty Ltd now owns 14,007,218 shares of the basic materials company’s stock valued at $38,520,000 after purchasing an additional 13,705,598 shares during the period. Vanguard Group Inc. lifted its position in Denison Mine by 1,697.4% during the 3rd quarter. Vanguard Group Inc. now owns 13,263,903 shares of the basic materials company’s stock valued at $36,502,000 after purchasing an additional 12,525,956 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in shares of Denison Mine by 275.0% in the 1st quarter. Renaissance Technologies LLC now owns 9,455,713 shares of the basic materials company’s stock valued at $33,379,000 after purchasing an additional 6,934,400 shares during the last quarter. Institutional investors own 36.74% of the company’s stock.

Denison Mine Trading Up 0.7%

DNN stock traded up $0.03 during trading on Monday, hitting $3.52. The company had a trading volume of 15,864,119 shares, compared to its average volume of 33,755,102. The company has a quick ratio of 9.14, a current ratio of 9.41 and a debt-to-equity ratio of 2.38. The firm has a 50-day moving average price of $3.12 and a 200-day moving average price of $3.47. Denison Mine has a 12 month low of $2.04 and a 12 month high of $4.43. The stock has a market cap of $3.19 billion, a price-to-earnings ratio of -16.07 and a beta of 1.23.

Analyst Ratings Changes

DNN has been the topic of a number of research analyst reports. Zacks Research lowered Denison Mine from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Scotiabank reiterated an “outperform” rating on shares of Denison Mine in a research report on Thursday, May 14th. Finally, Royal Bank Of Canada began coverage on Denison Mine in a research report on Monday, July 13th. They issued an “outperform” rating for the company. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Denison Mine presently has an average rating of “Moderate Buy” and a consensus target price of $5.38.

Get Our Latest Stock Report on Denison Mine

About Denison Mine

(Get 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.