Russell Investments Group Ltd. boosted its holdings in shares of Denison Mines Corp (NYSEAMERICAN:DNN) (TSE:DML) by 73.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,725,130 shares of the basic materials company’s stock after acquiring an additional 4,118,220 shares during the period. Russell Investments Group Ltd. owned 1.74% of Denison Mines worth $4,514,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in DNN. Credit Suisse AG grew its stake in Denison Mines by 67.7% during the 1st quarter. Credit Suisse AG now owns 307,750 shares of the basic materials company’s stock valued at $191,000 after acquiring an additional 124,195 shares in the last quarter. Renaissance Technologies LLC grew its stake in Denison Mines by 318.1% during the 1st quarter. Renaissance Technologies LLC now owns 519,700 shares of the basic materials company’s stock valued at $321,000 after acquiring an additional 395,400 shares in the last quarter. TD Asset Management Inc. grew its stake in Denison Mines by 4.1% during the 2nd quarter. TD Asset Management Inc. now owns 540,677 shares of the basic materials company’s stock valued at $433,000 after acquiring an additional 21,515 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI grew its stake in Denison Mines by 3.6% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 1,470,280 shares of the basic materials company’s stock valued at $648,000 after acquiring an additional 51,000 shares in the last quarter.

Shares of Denison Mines Corp (NYSEAMERICAN DNN) traded down $0.01 during mid-day trading on Thursday, hitting $0.58. 507,600 shares of the stock traded hands, compared to its average volume of 619,439. Denison Mines Corp has a 52-week low of $0.38 and a 52-week high of $0.84.

Several equities analysts have weighed in on the stock. Zacks Investment Research lowered shares of Denison Mines from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. BidaskClub upgraded shares of Denison Mines from a “strong sell” rating to a “sell” rating in a report on Thursday, November 9th. Finally, Roth Capital set a $1.00 target price on shares of Denison Mines and gave the company a “buy” rating in a report on Wednesday, October 11th. Four equities research analysts have rated the stock with a sell rating and one has given a buy rating to the company. The stock has an average rating of “Sell” and a consensus price target of $0.75.

WARNING: “Russell Investments Group Ltd. Grows Stake in Denison Mines Corp (DNN)” was originally published by Daily Political and is the property of of Daily Political. If you are accessing this article on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this article can be accessed at https://www.dailypolitical.com/2017/12/14/russell-investments-group-ltd-grows-stake-in-denison-mines-corp-dnn.html.

Denison Mines Company Profile

Denison Mines Corp. is a uranium exploration and development company. The Company is engaged in the acquisition, exploration and development of uranium properties, extraction, processing and selling of uranium. The Company operates in three segments: the Mining segment, the Environmental Services segment, and the Corporate and Other segment.

Want to see what other hedge funds are holding DNN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Denison Mines Corp (NYSEAMERICAN:DNN) (TSE:DML).

Institutional Ownership by Quarter for Denison Mines (NYSEAMERICAN:DNN)

Receive News & Ratings for Denison Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Denison Mines and related companies with MarketBeat.com's FREE daily email newsletter.