K.J. Harrison & Partners Inc bought a new position in shares of Denison Mines Corp. (NYSEAMERICAN:DNN – Free Report) (TSE:DML) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 40,078 shares of the basic materials company’s stock, valued at approximately $70,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Denison Mines by 7.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,008,885 shares of the basic materials company’s stock worth $86,228,000 after acquiring an additional 3,342,434 shares during the period. Alps Advisors Inc. boosted its stake in Denison Mines by 5.4% in the 3rd quarter. Alps Advisors Inc. now owns 40,076,124 shares of the basic materials company’s stock valued at $66,126,000 after purchasing an additional 2,053,646 shares during the period. FMR LLC bought a new stake in Denison Mines in the 3rd quarter valued at $39,013,000. Van ECK Associates Corp boosted its stake in Denison Mines by 49.3% in the 3rd quarter. Van ECK Associates Corp now owns 3,919,530 shares of the basic materials company’s stock valued at $6,464,000 after purchasing an additional 1,294,007 shares during the period. Finally, Azarias Capital Management L.P. boosted its stake in Denison Mines by 1.4% in the 4th quarter. Azarias Capital Management L.P. now owns 2,745,404 shares of the basic materials company’s stock valued at $4,859,000 after purchasing an additional 39,168 shares during the period. 36.74% of the stock is currently owned by institutional investors.
Denison Mines Stock Up 3.0 %
DNN opened at $2.03 on Friday. The firm has a market capitalization of $1.81 billion, a P/E ratio of 25.38 and a beta of 1.68. Denison Mines Corp. has a 1 year low of $1.00 and a 1 year high of $2.25.
Analyst Ratings Changes
Separately, StockNews.com upgraded Denison Mines to a “sell” rating in a research note on Friday, April 5th.
Read Our Latest Stock Report on Denison Mines
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.
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