Denison Mines Corp (NYSEAMERICAN:DNN) (TSE:DML) shares rose 6.7% on Monday . The company traded as high as $0.49 and last traded at $0.48. Approximately 636,290 shares traded hands during trading, a decline of 6% from the average daily volume of 678,596 shares. The stock had previously closed at $0.45.

DNN has been the topic of a number of research analyst reports. Zacks Investment Research downgraded Denison Mines from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. BidaskClub upgraded Denison Mines from a “strong sell” rating to a “sell” rating in a report on Thursday, November 9th. Four equities research analysts have rated the stock with a sell rating and one has assigned a buy rating to the stock. Denison Mines presently has a consensus rating of “Sell” and a consensus price target of $0.75.

The company has a market capitalization of $257.75, a price-to-earnings ratio of -24.00 and a beta of 1.29.

Several hedge funds have recently bought and sold shares of the business. Global X Management Co. LLC grew its stake in shares of Denison Mines by 23.4% in the 4th quarter. Global X Management Co. LLC now owns 33,667,673 shares of the basic materials company’s stock worth $18,541,000 after buying an additional 6,385,281 shares during the last quarter. Russell Investments Group Ltd. grew its stake in shares of Denison Mines by 73.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 9,725,130 shares of the basic materials company’s stock worth $4,514,000 after buying an additional 4,118,220 shares during the last quarter. Ninepoint Partners LP purchased a new stake in shares of Denison Mines in the 3rd quarter worth approximately $943,000. Commerzbank Aktiengesellschaft FI grew its stake in shares of Denison Mines by 12.5% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 1,765,780 shares of the basic materials company’s stock worth $971,000 after buying an additional 195,500 shares during the last quarter. Finally, Florence Capital Advisors LLC purchased a new stake in shares of Denison Mines in the 4th quarter worth approximately $108,000.

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About Denison Mines

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.

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