Denison Mines Corp. (NYSEAMERICAN:DNN) Shares Sold by Sprott Inc.

Sprott Inc. lessened its position in shares of Denison Mines Corp. (NYSEAMERICAN:DNN - Free Report) TSE: DML by 41.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 732,166 shares of the basic materials company's stock after selling 519,665 shares during the quarter. Sprott Inc. owned about 0.08% of Denison Mines worth $1,318,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Van ECK Associates Corp increased its holdings in Denison Mines by 43.3% in the 4th quarter. Van ECK Associates Corp now owns 20,879,491 shares of the basic materials company's stock valued at $37,595,000 after purchasing an additional 6,305,332 shares during the last quarter. Segra Capital Management LLC increased its holdings in Denison Mines by 124.8% in the 3rd quarter. Segra Capital Management LLC now owns 18,268,562 shares of the basic materials company's stock valued at $33,431,000 after purchasing an additional 10,140,540 shares during the last quarter. Bridgewater Associates LP increased its holdings in Denison Mines by 10.2% in the 3rd quarter. Bridgewater Associates LP now owns 8,359,815 shares of the basic materials company's stock valued at $15,298,000 after purchasing an additional 774,441 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in Denison Mines by 499.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 4,127,950 shares of the basic materials company's stock valued at $7,514,000 after purchasing an additional 3,438,790 shares during the last quarter. Finally, Janus Henderson Group PLC increased its holdings in Denison Mines by 19.5% in the 3rd quarter. Janus Henderson Group PLC now owns 3,963,565 shares of the basic materials company's stock valued at $7,230,000 after purchasing an additional 647,046 shares during the last quarter. Hedge funds and other institutional investors own 36.74% of the company's stock.

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Denison Mines Trading Up 2.8 %

Denison Mines stock traded up $0.04 during trading on Friday, hitting $1.49. The company had a trading volume of 61,375,479 shares, compared to its average volume of 44,466,832. Denison Mines Corp. has a 1-year low of $1.40 and a 1-year high of $2.47. The company has a 50 day simple moving average of $1.88. The stock has a market cap of $1.33 billion, a PE ratio of -149.00 and a beta of 1.75.

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.