Ninepoint Partners LP purchased a new stake in shares of Denison Mines Corp. (NYSEAMERICAN:DNN – Free Report) (TSE:DML) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 900,000 shares of the basic materials company’s stock, valued at approximately $1,620,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DNN. Integrated Investment Consultants LLC bought a new stake in shares of Denison Mines in the 3rd quarter valued at approximately $27,000. Vantage Point Financial LLC bought a new stake in shares of Denison Mines in the 4th quarter valued at approximately $34,000. Commonwealth Equity Services LLC grew its stake in shares of Denison Mines by 74.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 19,964 shares of the basic materials company’s stock valued at $36,000 after purchasing an additional 8,500 shares during the period. Avantax Advisory Services Inc. bought a new stake in shares of Denison Mines in the 4th quarter valued at approximately $49,000. Finally, Fiduciary Family Office LLC bought a new stake in shares of Denison Mines in the 4th quarter valued at approximately $50,000. 36.74% of the stock is currently owned by institutional investors.
Denison Mines Trading Down 1.4 %
DNN stock opened at $1.38 on Friday. Denison Mines Corp. has a 1-year low of $1.27 and a 1-year high of $2.47. The firm has a market cap of $1.24 billion, a P/E ratio of -138.00 and a beta of 1.75. The business’s 50 day moving average is $1.76 and its 200-day moving average is $1.95.
Denison Mines Profile
Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. Its flagship project is the Wheeler River uranium project covering an area of approximately 300,000 hectares located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp.
Featured Articles
- Five stocks we like better than Denison Mines
- Consumer Staples Stocks, Explained
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- How Technical Indicators Can Help You Find Oversold Stocks
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Want to see what other hedge funds are holding DNN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Denison Mines Corp. (NYSEAMERICAN:DNN – Free Report) (TSE:DML).
Receive News & Ratings for Denison Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Denison Mines and related companies with MarketBeat.com's FREE daily email newsletter.
