Legacy Capital Group California Inc. Grows Stake in Denison Mines Corp. (NYSEAMERICAN:DNN)

Legacy Capital Group California Inc. increased its stake in shares of Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 26.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 43,374 shares of the basic materials company’s stock after purchasing an additional 9,002 shares during the period. Legacy Capital Group California Inc.’s holdings in Denison Mines were worth $78,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DNN. Vontobel Holding Ltd. raised its stake in Denison Mines by 92.6% in the 4th quarter. Vontobel Holding Ltd. now owns 196,336 shares of the basic materials company’s stock valued at $356,000 after purchasing an additional 94,419 shares during the last quarter. Van ECK Associates Corp grew its holdings in shares of Denison Mines by 43.3% during the fourth quarter. Van ECK Associates Corp now owns 20,879,491 shares of the basic materials company’s stock worth $37,595,000 after buying an additional 6,305,332 shares in the last quarter. Vantage Point Financial LLC acquired a new stake in shares of Denison Mines in the fourth quarter valued at about $34,000. Fiduciary Family Office LLC purchased a new position in shares of Denison Mines in the fourth quarter worth about $50,000. Finally, Confluence Investment Management LLC boosted its position in Denison Mines by 3.8% during the fourth quarter. Confluence Investment Management LLC now owns 267,217 shares of the basic materials company’s stock worth $481,000 after acquiring an additional 9,831 shares during the last quarter. 36.74% of the stock is owned by hedge funds and other institutional investors.

Denison Mines Stock Performance

DNN stock opened at $1.54 on Friday. The company has a 50-day simple moving average of $1.91. Denison Mines Corp. has a 12 month low of $1.40 and a 12 month high of $2.47. The firm has a market cap of $1.38 billion, a P/E ratio of -154.00 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.