Canton Hathaway LLC Acquires New Stake in Denison Mines Corp. (NYSEAMERICAN:DNN)

Canton Hathaway LLC acquired a new stake in 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 fund acquired 41,000 shares of the basic materials company’s stock, valued at approximately $74,000.

Several other institutional investors and hedge funds have also recently modified their holdings of DNN. Segra Capital Management LLC grew its stake in Denison Mines by 124.8% during the 3rd quarter. Segra Capital Management LLC now owns 18,268,562 shares of the basic materials company’s stock worth $33,431,000 after purchasing an additional 10,140,540 shares in the last quarter. Van ECK Associates Corp grew its stake in Denison Mines by 96.8% during the 3rd quarter. Van ECK Associates Corp now owns 14,574,159 shares of the basic materials company’s stock worth $26,671,000 after purchasing an additional 7,168,934 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Denison Mines by 499.0% during the 3rd 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 in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in Denison Mines by 41.3% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,292,900 shares of the basic materials company’s stock worth $5,989,000 after purchasing an additional 963,100 shares in the last quarter. Finally, XTX Topco Ltd grew its stake in Denison Mines by 6,560.7% during the 3rd quarter. XTX Topco Ltd now owns 802,020 shares of the basic materials company’s stock worth $1,468,000 after purchasing an additional 789,979 shares in the last quarter. Hedge funds and other institutional investors own 36.74% of the company’s stock.

Denison Mines Trading Up 0.6 %

NYSEAMERICAN:DNN opened at $1.55 on Tuesday. The business’s 50-day simple moving average is $1.91. The firm has a market cap of $1.39 billion, a PE ratio of -155.00 and a beta of 1.75. Denison Mines Corp. has a 1 year low of $1.40 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.