Denison Mines (NYSEAMERICAN:DNN) Sees Strong Trading Volume

Shares of Denison Mines Corp (NYSEAMERICAN:DNN) (TSE:DML) saw unusually-high trading volume on Friday . Approximately 1,605,964 shares were traded during trading, an increase of 270% from the previous session’s volume of 433,964 shares.The stock last traded at $0.54 and had previously closed at $0.52.

Denison Mines (NYSEAMERICAN:DNN) (TSE:DML) last posted its quarterly earnings results on Wednesday, May 1st. The basic materials company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). The business had revenue of $2.99 million for the quarter, compared to the consensus estimate of $4.00 million.

A number of institutional investors have recently bought and sold shares of the stock. RDA Financial Network bought a new stake in shares of Denison Mines during the first quarter worth approximately $39,000. Brown Advisory Inc. boosted its stake in shares of Denison Mines by 42.5% in the fourth quarter. Brown Advisory Inc. now owns 97,054 shares of the basic materials company’s stock valued at $45,000 after buying an additional 28,958 shares during the period. Heathbridge Capital Management Ltd. boosted its stake in shares of Denison Mines by 16.0% in the first quarter. Heathbridge Capital Management Ltd. now owns 210,300 shares of the basic materials company’s stock valued at $107,000 after buying an additional 29,000 shares during the period. Cetera Advisors LLC boosted its stake in shares of Denison Mines by 270.3% in the first quarter. Cetera Advisors LLC now owns 1,015,821 shares of the basic materials company’s stock valued at $523,000 after buying an additional 741,492 shares during the period. Finally, Bienville Capital Management LLC boosted its stake in shares of Denison Mines by 4.7% in the first quarter. Bienville Capital Management LLC now owns 1,073,456 shares of the basic materials company’s stock valued at $557,000 after buying an additional 48,280 shares during the period.

Denison Mines Company Profile (NYSEAMERICAN:DNN)

Denison Mines Corp. operates as a uranium exploration and development company with focuses in the Athabasca Basin region of northern Saskatchewan, Canada. Its projects primarily includes the Wheeler River, the Waterbury, the Midwest, the McClean Lake and Mill, and the Hook-Carter that covers approximately 320,000 hectares in the Athabasca Basin region.

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