Denison Mines Corp. (NYSEAMERICAN:DNN) Shares Sold by Intact Investment Management Inc.

Intact Investment Management Inc. cut its holdings in shares of Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 3.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,360,300 shares of the basic materials company’s stock after selling 94,500 shares during the period. Intact Investment Management Inc.’s holdings in Denison Mines were worth $4,285,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Commonwealth Equity Services LLC boosted its holdings in Denison Mines by 74.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 19,964 shares of the basic materials company’s stock worth $36,000 after buying an additional 8,500 shares during the last quarter. Legacy Capital Group California Inc. boosted its holdings in Denison Mines by 26.2% in the 4th quarter. Legacy Capital Group California Inc. now owns 43,374 shares of the basic materials company’s stock worth $78,000 after buying an additional 9,002 shares during the last quarter. Confluence Investment Management LLC boosted its holdings in Denison Mines by 3.8% in the 4th quarter. Confluence Investment Management LLC now owns 267,217 shares of the basic materials company’s stock worth $481,000 after buying an additional 9,831 shares during the last quarter. SevenBridge Financial Group LLC boosted its holdings in Denison Mines by 54.2% in the 3rd quarter. SevenBridge Financial Group LLC now owns 37,000 shares of the basic materials company’s stock worth $68,000 after buying an additional 13,000 shares during the last quarter. Finally, Toronto Dominion Bank boosted its holdings in Denison Mines by 55.5% in the 3rd quarter. Toronto Dominion Bank now owns 37,266 shares of the basic materials company’s stock worth $68,000 after buying an additional 13,297 shares during the last quarter. 36.74% of the stock is currently owned by institutional investors and hedge funds.

Denison Mines Trading Down 1.4 %

DNN stock opened at $1.38 on Friday. Denison Mines Corp. has a 12-month low of $1.27 and a 12-month high of $2.47. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of -138.00 and a beta of 1.75. The business’s 50-day moving average is $1.77 and its 200 day moving average is $1.95.

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.