Denison Mine Corp $DNN Shares Bought by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC grew its holdings in Denison Mine Corp (NYSEAMERICAN:DNN) (TSE:DML) by 19.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,720,615 shares of the basic materials company’s stock after buying an additional 767,863 shares during the quarter. Goehring & Rozencwajg Associates LLC’s holdings in Denison Mine were worth $16,664,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. WealthShield Partners LLC grew its stake in Denison Mine by 28.0% in the 4th quarter. WealthShield Partners LLC now owns 16,000 shares of the basic materials company’s stock valued at $43,000 after acquiring an additional 3,500 shares during the period. Park Avenue Securities LLC lifted its holdings in Denison Mine by 26.1% during the fourth quarter. Park Avenue Securities LLC now owns 17,068 shares of the basic materials company’s stock valued at $45,000 after purchasing an additional 3,533 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in Denison Mine by 42.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 12,920 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 3,844 shares in the last quarter. Financial Sense Advisors Inc. grew its position in shares of Denison Mine by 36.3% in the fourth quarter. Financial Sense Advisors Inc. now owns 18,786 shares of the basic materials company’s stock valued at $50,000 after purchasing an additional 5,000 shares during the period. Finally, Titan Global Capital Management USA LLC grew its position in shares of Denison Mine by 0.3% in the fourth quarter. Titan Global Capital Management USA LLC now owns 1,883,895 shares of the basic materials company’s stock valued at $5,011,000 after purchasing an additional 5,399 shares during the period. Hedge funds and other institutional investors own 36.74% of the company’s stock.

Denison Mine Stock Performance

NYSEAMERICAN:DNN opened at $3.09 on Thursday. The company has a market cap of $2.80 billion, a P/E ratio of -13.43 and a beta of 1.21. Denison Mine Corp has a twelve month low of $1.86 and a twelve month high of $4.43. The company’s 50-day moving average price is $3.27 and its 200-day moving average price is $3.55. The company has a current ratio of 13.77, a quick ratio of 13.46 and a debt-to-equity ratio of 2.81.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Zacks Research downgraded shares of Denison Mine from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Scotiabank reissued an “outperform” rating on shares of Denison Mine in a report on Thursday, May 14th. Finally, Royal Bank Of Canada initiated coverage on Denison Mine in a research report on Monday. They issued an “outperform” rating on the stock. Six analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Denison Mine has an average rating of “Moderate Buy” and a consensus target price of $5.38.

About Denison Mine

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.