Arlington Capital Management Inc. Has $844,000 Holdings in Denison Mines Corp. (NYSEAMERICAN:DNN)

Arlington Capital Management Inc. raised its stake in shares of Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 6.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 469,126 shares of the basic materials company’s stock after purchasing an additional 27,934 shares during the period. Arlington Capital Management Inc. owned 0.05% of Denison Mines worth $844,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Segra Capital Management LLC raised 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 acquiring an additional 10,140,540 shares in the last quarter. Van ECK Associates Corp raised its position in Denison Mines by 43.3% in 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 purchasing an additional 6,305,332 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Denison Mines by 116.6% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 7,131,404 shares of the basic materials company’s stock worth $12,932,000 after purchasing an additional 3,838,504 shares during the period. The Manufacturers Life Insurance Company lifted its stake in Denison Mines by 499.0% during the third quarter. The Manufacturers Life Insurance Company now owns 4,127,950 shares of the basic materials company’s stock worth $7,514,000 after purchasing an additional 3,438,790 shares during the period. Finally, Ninepoint Partners LP acquired a new stake in Denison Mines during the fourth quarter valued at approximately $1,620,000. Institutional investors and hedge funds own 36.74% of the company’s stock.

Denison Mines Trading Down 2.6 %

Shares of DNN opened at $1.47 on Wednesday. The stock has a 50 day simple moving average of $1.71 and a 200-day simple moving average of $1.92. The stock has a market cap of $1.32 billion, a PE ratio of -147.00 and a beta of 1.75. Denison Mines Corp. has a 1 year low of $1.27 and a 1 year 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.