Vanguard Personalized Indexing Management LLC Reduces Holdings in Denison Mine Corp $DNN

Vanguard Personalized Indexing Management LLC lowered its stake in shares of Denison Mine Corp (NYSEAMERICAN:DNN) (TSE:DML) by 17.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 25,857 shares of the basic materials company’s stock after selling 5,422 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Denison Mine were worth $47,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Russell Investments Group Ltd. raised its holdings in shares of Denison Mine by 979,732.3% in the 1st quarter. Russell Investments Group Ltd. now owns 970,034 shares of the basic materials company’s stock valued at $1,267,000 after purchasing an additional 969,935 shares in the last quarter. Quantbot Technologies LP raised its holdings in shares of Denison Mine by 66.6% in the 1st quarter. Quantbot Technologies LP now owns 962,991 shares of the basic materials company’s stock valued at $1,252,000 after purchasing an additional 384,878 shares in the last quarter. Tejara Capital Ltd acquired a new stake in shares of Denison Mine in the 1st quarter valued at $1,008,000. Triasima Portfolio Management inc. acquired a new stake in shares of Denison Mine in the 1st quarter valued at $455,000. Finally, Acuitas Investments LLC acquired a new stake in shares of Denison Mine in the 1st quarter valued at $437,000. Hedge funds and other institutional investors own 36.74% of the company’s stock.

Analysts Set New Price Targets

DNN has been the topic of several research analyst reports. National Bankshares reiterated an “outperform” rating on shares of Denison Mine in a research note on Monday, August 18th. Raymond James Financial reiterated an “outperform” rating on shares of Denison Mine in a research note on Friday, October 10th. Scotiabank reiterated an “outperform” rating on shares of Denison Mine in a research note on Thursday, August 7th. Desjardins upgraded shares of Denison Mine to a “moderate buy” rating in a research note on Monday, August 18th. Finally, TD Securities reiterated a “buy” rating on shares of Denison Mine in a research note on Monday, August 11th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Denison Mine Trading Down 1.1%

DNN opened at $2.78 on Tuesday. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of -46.33 and a beta of 1.32. Denison Mine Corp has a twelve month low of $1.08 and a twelve month high of $3.42. The company has a fifty day simple moving average of $2.59 and a 200 day simple moving average of $2.03.

About Denison Mine

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.