Fiduciary Family Office LLC Buys Shares of 28,000 Denison Mines Corp. (NYSEAMERICAN:DNN)

Fiduciary Family Office LLC purchased a new position in shares of Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 28,000 shares of the basic materials company’s stock, valued at approximately $50,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Integrated Investment Consultants LLC purchased a new stake in Denison Mines in the 3rd quarter worth approximately $27,000. Toronto Dominion Bank boosted its position in shares of Denison Mines by 39.4% in the second quarter. Toronto Dominion Bank now owns 23,969 shares of the basic materials company’s stock worth $48,000 after purchasing an additional 6,777 shares during the period. Continuum Advisory LLC increased its stake in shares of Denison Mines by 78.5% in the third quarter. Continuum Advisory LLC now owns 33,407 shares of the basic materials company’s stock worth $61,000 after purchasing an additional 14,688 shares in the last quarter. Legacy Capital Group California Inc. raised its position in shares of Denison Mines by 47.5% during the 3rd quarter. Legacy Capital Group California Inc. now owns 34,372 shares of the basic materials company’s stock valued at $63,000 after purchasing an additional 11,066 shares during the period. Finally, SevenBridge Financial Group LLC lifted its stake in shares of Denison Mines by 54.2% during the 3rd quarter. SevenBridge Financial Group LLC now owns 37,000 shares of the basic materials company’s stock valued at $68,000 after buying an additional 13,000 shares in the last quarter. Hedge funds and other institutional investors own 36.74% of the company’s stock.

Wall Street Analysts Forecast Growth

DNN has been the subject of a number of analyst reports. BMO Capital Markets upgraded Denison Mines from a “market perform” rating to an “outperform” rating in a research note on Wednesday, September 25th. Cibc World Mkts raised Denison Mines to a “strong-buy” rating in a report on Thursday, September 26th. Roth Mkm restated a “buy” rating and issued a $2.75 price target (up from $2.60) on shares of Denison Mines in a research note on Wednesday, October 23rd. Finally, CIBC started coverage on shares of Denison Mines in a research report on Thursday, September 26th. They set a “sector outperform” rating and a $3.25 price objective on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and four have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $3.00.

Denison Mines Price Performance

NYSEAMERICAN DNN opened at $2.04 on Thursday. Denison Mines Corp. has a 1-year low of $1.40 and a 1-year high of $2.47. The company’s 50 day moving average price is $2.00.

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.