Denison Mines Corp. (NYSEAMERICAN:DNN) Holdings Increased by Virtu Financial LLC

Virtu Financial LLC grew its stake in shares of Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 95.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 197,401 shares of the basic materials company’s stock after buying an additional 96,553 shares during the quarter. Virtu Financial LLC’s holdings in Denison Mines were worth $349,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Goehring & Rozencwajg Associates LLC raised its position in shares of Denison Mines by 3.6% during the 4th quarter. Goehring & Rozencwajg Associates LLC now owns 2,885,759 shares of the basic materials company’s stock worth $5,108,000 after buying an additional 101,120 shares in the last quarter. Quadrature Capital Ltd bought a new stake in shares of Denison Mines during the 4th quarter worth about $1,492,000. CIBC Asset Management Inc raised its position in shares of Denison Mines by 9.8% during the 4th quarter. CIBC Asset Management Inc now owns 812,783 shares of the basic materials company’s stock worth $1,428,000 after buying an additional 72,490 shares in the last quarter. Rathbones Group PLC grew its stake in shares of Denison Mines by 30.5% in the 4th quarter. Rathbones Group PLC now owns 85,500 shares of the basic materials company’s stock worth $150,000 after purchasing an additional 20,000 shares during the last quarter. Finally, Crestline Management LP acquired a new position in shares of Denison Mines in the 4th quarter worth approximately $1,988,000. 36.74% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Denison Mines to a “sell” rating in a research note on Sunday, May 19th.

Denison Mines Stock Performance

Shares of DNN opened at $2.11 on Thursday. The company has a market capitalization of $1.88 billion, a PE ratio of 30.14 and a beta of 1.72. Denison Mines Corp. has a 12-month low of $1.15 and a 12-month high of $2.47.

Denison Mines (NYSEAMERICAN:DNN) (TSE:DML) last announced its quarterly earnings data on Wednesday, May 8th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). The company had revenue of $0.62 million for the quarter. Denison Mines had a net margin of 888.36% and a return on equity of 12.96%. As a group, research analysts forecast that Denison Mines Corp. will post -0.06 EPS for the current fiscal year.

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.