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

Goehring & Rozencwajg Associates LLC grew its holdings in Denison Mine Corp (NYSEAMERICAN:DNN) (TSE:DML) by 5.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,952,752 shares of the basic materials company’s stock after acquiring an additional 199,607 shares during the period. Goehring & Rozencwajg Associates LLC owned about 0.44% of Denison Mine worth $10,514,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Denison Mine in the third quarter worth $28,000. Summitry LLC acquired a new position in shares of Denison Mine in the fourth quarter worth $27,000. SG Americas Securities LLC acquired a new position in shares of Denison Mine in the fourth quarter worth $27,000. Aire Advisors LLC acquired a new position in shares of Denison Mine in the third quarter worth $28,000. Finally, State of Wyoming acquired a new position in shares of Denison Mine in the fourth quarter worth $28,000. Institutional investors and hedge funds own 36.74% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on DNN. Scotiabank reaffirmed an “outperform” rating on shares of Denison Mine in a research report on Thursday, May 14th. Roth Mkm reaffirmed a “buy” rating and set a $4.25 price objective on shares of Denison Mine in a research report on Wednesday, February 18th. Zacks Research cut shares of Denison Mine from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Finally, TD Securities lifted their price objective on shares of Denison Mine from $6.00 to $6.50 and gave the stock a “buy” rating in a research report on Thursday, March 12th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Denison Mine has an average rating of “Moderate Buy” and an average target price of $5.38.

Denison Mine Price Performance

Denison Mine stock opened at $3.06 on Friday. The stock has a market cap of $2.77 billion, a P/E ratio of -13.30 and a beta of 1.18. The company has a fifty day simple moving average of $3.53 and a 200-day simple moving average of $3.45. Denison Mine Corp has a 12-month low of $1.57 and a 12-month high of $4.43. The company has a current ratio of 13.77, a quick ratio of 13.46 and a debt-to-equity ratio of 2.81.

Denison Mine 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.