Denison Mines Corp. (NYSEAMERICAN:DNN) Shares Purchased by Quantbot Technologies LP

Quantbot Technologies LP boosted its stake in Denison Mines Corp. (NYSEAMERICAN:DNN - Free Report) TSE: DML by 119.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 578,113 shares of the basic materials company's stock after acquiring an additional 315,262 shares during the period. Quantbot Technologies LP owned about 0.06% of Denison Mines worth $1,041,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Commonwealth Equity Services LLC increased its holdings in shares of Denison Mines by 74.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 19,964 shares of the basic materials company's stock valued at $36,000 after acquiring an additional 8,500 shares during the period. Legacy Capital Group California Inc. increased its stake in Denison Mines by 26.2% in the fourth quarter. Legacy Capital Group California Inc. now owns 43,374 shares of the basic materials company's stock valued at $78,000 after purchasing an additional 9,002 shares during the period. Confluence Investment Management LLC increased its stake in Denison Mines by 3.8% in the fourth quarter. Confluence Investment Management LLC now owns 267,217 shares of the basic materials company's stock valued at $481,000 after purchasing an additional 9,831 shares during the period. Toronto Dominion Bank raised its holdings in shares of Denison Mines by 55.5% in the third quarter. Toronto Dominion Bank now owns 37,266 shares of the basic materials company's stock valued at $68,000 after buying an additional 13,297 shares during the last quarter. Finally, Continuum Advisory LLC boosted its stake in shares of Denison Mines by 78.5% during the third quarter. Continuum Advisory LLC now owns 33,407 shares of the basic materials company's stock worth $61,000 after buying an additional 14,688 shares during the period. Institutional investors and hedge funds own 36.74% of the company's stock.

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Analyst Upgrades and Downgrades

Separately, Scotiabank restated an "outperform" rating on shares of Denison Mines in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, four have given a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $3.00.

Denison Mines Trading Down 4.3 %

Shares of NYSEAMERICAN:DNN traded down $0.06 during midday trading on Friday, hitting $1.33. The stock had a trading volume of 70,855,315 shares, compared to its average volume of 25,891,520. Denison Mines Corp. has a 1 year low of $1.27 and a 1 year high of $2.47. The stock has a 50 day moving average price of $1.66 and a two-hundred day moving average price of $1.91. The company has a market capitalization of $1.19 billion, a PE ratio of -133.00 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.