Public Employees Retirement System of Ohio Has $377,000 Stake in Denison Mine Corp $DNN

Public Employees Retirement System of Ohio decreased its holdings in shares of Denison Mine Corp (NYSEAMERICAN:DNN) (TSE:DML) by 6.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 206,652 shares of the basic materials company’s stock after selling 15,185 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Denison Mine were worth $377,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of DNN. Sowell Financial Services LLC acquired a new stake in shares of Denison Mine during the 1st quarter worth approximately $26,000. Providence Capital Advisors LLC acquired a new position in Denison Mine during the first quarter valued at approximately $30,000. HFG Wealth Management LLC acquired a new position in Denison Mine during the second quarter valued at approximately $45,000. Compound Planning Inc. acquired a new position in Denison Mine during the first quarter valued at approximately $53,000. Finally, Ground Swell Capital LLC acquired a new position in Denison Mine during the first quarter valued at approximately $90,000. Institutional investors and hedge funds own 36.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Desjardins upgraded shares of Denison Mine to a “moderate buy” rating in a report on Monday, August 18th. Scotiabank restated an “outperform” rating on shares of Denison Mine in a report on Thursday, August 7th. National Bankshares restated an “outperform” rating on shares of Denison Mine in a report on Monday, August 18th. Raymond James Financial restated an “outperform” rating on shares of Denison Mine in a report on Monday, August 18th. Finally, TD Securities reiterated a “buy” rating on shares of Denison Mine in a report on Monday, August 11th. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and an average target price of $2.75.

Denison Mine Price Performance

Denison Mine stock opened at $2.81 on Tuesday. The firm has a market capitalization of $2.52 billion, a PE ratio of -46.83 and a beta of 1.32. The company’s 50-day moving average is $2.35 and its 200-day moving average is $1.86. Denison Mine Corp has a fifty-two week low of $1.08 and a fifty-two week high of $2.96.

Denison Mine 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.