HTLF Bank Invests $897,000 in Denison Mines Corp. (NYSEAMERICAN:DNN)

HTLF Bank purchased a new stake in Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 507,000 shares of the basic materials company’s stock, valued at approximately $897,000. HTLF Bank owned 0.06% of Denison Mines as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Rathbones Group PLC boosted its stake in Denison Mines by 12.9% during the third quarter. Rathbones Group PLC now owns 65,500 shares of the basic materials company’s stock worth $108,000 after buying an additional 7,500 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of Denison Mines by 44.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 26,000 shares of the basic materials company’s stock worth $32,000 after acquiring an additional 8,000 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Denison Mines by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 292,869 shares of the basic materials company’s stock worth $335,000 after acquiring an additional 8,335 shares during the last quarter. Mackenzie Financial Corp increased its stake in shares of Denison Mines by 2.8% in the 4th quarter. Mackenzie Financial Corp now owns 342,449 shares of the basic materials company’s stock worth $391,000 after acquiring an additional 9,267 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its stake in shares of Denison Mines by 41.9% in the 3rd quarter. Kestra Advisory Services LLC now owns 34,050 shares of the basic materials company’s stock worth $56,000 after acquiring an additional 10,050 shares during the last quarter. 36.74% of the stock is owned by hedge funds and other institutional investors.

Denison Mines Stock Performance

Shares of NYSEAMERICAN DNN remained flat at $2.01 during midday trading on Friday. The stock had a trading volume of 2,582,604 shares, compared to its average volume of 14,592,083. The firm has a market cap of $1.79 billion, a P/E ratio of 25.25 and a beta of 1.68. Denison Mines Corp. has a 1-year low of $0.99 and a 1-year high of $2.25. The business’s fifty day moving average price is $1.68.

Denison Mines (NYSEAMERICAN:DNN) (TSE:DML) last released its quarterly earnings results on Wednesday, February 28th. The basic materials company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.04. The company had revenue of $0.80 million for the quarter. Denison Mines had a return on equity of 17.41% and a net margin of 1,069.10%. Sell-side analysts predict that Denison Mines Corp. will post -0.01 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com raised Denison Mines to a “sell” rating in a research note on Friday, April 5th.

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.