UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $1.67 Million Stake in Denison Mines Corp. (NYSEAMERICAN:DNN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in Denison Mines Corp. (NYSEAMERICAN:DNN - Free Report) TSE: DML by 71.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 925,828 shares of the basic materials company's stock after selling 2,274,250 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.10% of Denison Mines worth $1,666,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DNN. Oxford Asset Management LLP bought a new stake in shares of Denison Mines during the 4th quarter worth $26,000. Commonwealth Equity Services LLC raised its stake in Denison Mines by 74.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 19,964 shares of the basic materials company's stock worth $36,000 after acquiring an additional 8,500 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Denison Mines in the fourth quarter worth about $38,000. Bayesian Capital Management LP bought a new position in shares of Denison Mines in the fourth quarter worth about $44,000. Finally, Avantax Advisory Services Inc. acquired a new stake in shares of Denison Mines in the 4th quarter valued at approximately $49,000. 36.74% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DNN has been the subject of several research reports. Scotiabank reissued an "outperform" rating on shares of Denison Mines in a research note on Tuesday, March 25th. Desjardins started coverage on Denison Mines in a report on Friday, April 4th. They set a "buy" rating on the stock. One analyst has rated the stock with a sell rating, five have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $3.00.

Denison Mines Trading Down 0.6%

DNN traded down $0.01 during trading on Thursday, reaching $1.62. 157,198,682 shares of the company's stock were exchanged, compared to its average volume of 41,499,760. Denison Mines Corp. has a one year low of $1.08 and a one year high of $2.47. The firm has a fifty day moving average price of $1.46 and a two-hundred day moving average price of $1.77. The stock has a market capitalization of $1.45 billion, a PE ratio of -162.00 and a beta of 1.75.

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.