Denison Mine Corp $DNN Shares Sold by Fielder Capital Group LLC

Fielder Capital Group LLC trimmed its holdings in shares of Denison Mine Corp (NYSEAMERICAN:DNN) (TSE:DML) by 14.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,005,148 shares of the basic materials company’s stock after selling 172,772 shares during the quarter. Fielder Capital Group LLC’s holdings in Denison Mine were worth $2,674,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in DNN. Royal Bank of Canada increased its position 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 in the last quarter. Millennium Management LLC increased 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 purchasing an additional 587,352 shares in the last quarter. Goldman Sachs Group Inc. increased 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 purchasing an additional 45,125 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased 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 purchasing an additional 578,365 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased 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 purchasing an additional 12,705 shares in the last quarter. 36.74% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on DNN shares. TD Securities boosted their price target on Denison Mine from $6.00 to $6.50 and gave the stock a “buy” rating in a research report on Thursday, March 12th. Scotiabank reiterated an “outperform” rating on shares of Denison Mine in a research report on Thursday, May 14th. Zacks Research cut Denison Mine from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Finally, Roth Mkm reiterated a “buy” rating and set a $4.25 price target 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $5.38.

Denison Mine Stock Down 1.4%

DNN stock opened at $3.43 on Tuesday. The company has a quick ratio of 13.46, a current ratio of 13.77 and a debt-to-equity ratio of 2.81. Denison Mine Corp has a fifty-two week low of $1.51 and a fifty-two week high of $4.43. The firm’s 50-day simple moving average is $3.58 and its 200 day simple moving average is $3.41. The stock has a market cap of $3.10 billion, a PE ratio of -14.91 and a beta of 1.18.

Denison Mine Company Profile

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.