Denison Mines Corp. (NYSEAMERICAN:DNN) Holdings Trimmed by Goehring & Rozencwajg Associates LLC

Goehring & Rozencwajg Associates LLC cut its holdings in Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,710,097 shares of the basic materials company’s stock after selling 134,012 shares during the quarter. Denison Mines comprises about 1.4% of Goehring & Rozencwajg Associates LLC’s investment portfolio, making the stock its 28th biggest holding. Goehring & Rozencwajg Associates LLC owned 0.41% of Denison Mines worth $7,086,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Integrated Investment Consultants LLC bought a new stake in shares of Denison Mines in the 3rd quarter worth approximately $27,000. Vantage Point Financial LLC acquired a new position in Denison Mines in the fourth quarter worth approximately $34,000. Fiduciary Family Office LLC acquired a new stake in shares of Denison Mines during the 4th quarter valued at $50,000. Continuum Advisory LLC boosted its stake in shares of Denison Mines by 78.5% during the 3rd quarter. Continuum Advisory LLC now owns 33,407 shares of the basic materials company’s stock worth $61,000 after acquiring an additional 14,688 shares in the last quarter. Finally, Legacy Capital Group California Inc. grew its holdings in shares of Denison Mines by 47.5% in the 3rd quarter. Legacy Capital Group California Inc. now owns 34,372 shares of the basic materials company’s stock worth $63,000 after acquiring an additional 11,066 shares during the last quarter. 36.74% of the stock is owned by institutional investors and hedge funds.

Denison Mines Stock Up 1.1 %

Denison Mines stock opened at $1.81 on Friday. Denison Mines Corp. has a 52 week low of $1.40 and a 52 week high of $2.47. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of -181.00 and a beta of 1.75. The business has a 50 day moving average price of $1.99.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reaffirmed a “buy” rating and set a $2.75 target price (up from $2.60) on shares of Denison Mines in a report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, three have given a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $3.00.

Denison Mines Company 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.