De Lisle Partners LLP Has $3.09 Million Stock Position in Denison Mines Corp. (NYSEAMERICAN:DNN)

De Lisle Partners LLP grew its position in Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 9.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,687,909 shares of the basic materials company’s stock after purchasing an additional 150,000 shares during the period. De Lisle Partners LLP’s holdings in Denison Mines were worth $3,089,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of DNN. Tidal Investments LLC boosted its holdings in shares of Denison Mines by 53.9% in the 1st quarter. Tidal Investments LLC now owns 40,049 shares of the basic materials company’s stock valued at $78,000 after buying an additional 14,018 shares during the last quarter. Virtu Financial LLC lifted its stake in Denison Mines by 78.3% in the 1st quarter. Virtu Financial LLC now owns 351,910 shares of the basic materials company’s stock valued at $686,000 after purchasing an additional 154,509 shares during the last quarter. Cetera Investment Advisers bought a new position in Denison Mines during the first quarter worth about $1,758,000. Keynote Financial Services LLC acquired a new position in Denison Mines during the first quarter worth approximately $203,000. Finally, Accordant Advisory Group Inc bought a new stake in Denison Mines in the second quarter valued at approximately $699,000. Institutional investors own 36.74% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Roth Mkm reiterated a “buy” rating and set a $2.75 target price (up from $2.60) on shares of Denison Mines in a research note on Wednesday, October 23rd. StockNews.com raised shares of Denison Mines to a “sell” rating in a research report on Wednesday, July 31st. BMO Capital Markets upgraded shares of Denison Mines from a “market perform” rating to an “outperform” rating in a report on Wednesday, September 25th. CIBC assumed coverage on shares of Denison Mines in a research note on Thursday, September 26th. They set a “sector outperform” rating and a $3.25 target price for the company. Finally, National Bank Financial upgraded shares of Denison Mines to a “strong-buy” rating in a research note on Tuesday, September 3rd. One analyst has rated the stock with a sell rating, three have assigned a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat.com, Denison Mines currently has a consensus rating of “Buy” and an average target price of $3.00.

Denison Mines Price Performance

Shares of NYSEAMERICAN DNN opened at $2.30 on Thursday. The firm has a fifty day moving average of $2.00. The firm has a market cap of $2.05 billion, a PE ratio of -230.00 and a beta of 1.69. Denison Mines Corp. has a fifty-two week low of $1.40 and a fifty-two week high of $2.47.

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.