220,638 Shares in Denison Mine Corp $DNN Purchased by Themes Management Co LLC

Themes Management Co LLC bought a new position in shares of Denison Mine Corp (NYSEAMERICAN:DNN) (TSE:DML) in the fourth quarter, Holdings Channel reports. The institutional investor bought 220,638 shares of the basic materials company’s stock, valued at approximately $585,000.

Other hedge funds have also made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in shares of Denison Mine during the 4th quarter worth about $27,000. Summitry LLC acquired a new stake in shares of Denison Mine during the 4th quarter worth about $27,000. Ritter Daniher Financial Advisory LLC DE acquired a new stake in shares of Denison Mine during the 3rd quarter worth about $28,000. Aire Advisors LLC acquired a new stake in shares of Denison Mine during the 3rd quarter worth about $28,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Denison Mine during the 3rd quarter worth about $28,000. Institutional investors and hedge funds own 36.74% of the company’s stock.

Denison Mine Price Performance

Shares of NYSEAMERICAN:DNN opened at $3.23 on Tuesday. Denison Mine Corp has a 12 month low of $1.51 and a 12 month high of $4.43. The company’s 50-day moving average price is $3.61 and its two-hundred day moving average price is $3.38. The company has a quick ratio of 10.51, a current ratio of 13.77 and a debt-to-equity ratio of 2.81. The firm has a market cap of $2.92 billion, a P/E ratio of -14.04 and a beta of 1.23.

Wall Street Analysts Forecast Growth

DNN has been the subject of a number of recent analyst reports. TD Securities increased their target price on shares of Denison Mine from $6.00 to $6.50 and gave the stock a “buy” rating in a research report on Thursday, March 12th. Roth Mkm reiterated a “buy” rating and set a $4.25 target price on shares of Denison Mine in a research report on Wednesday, February 18th. Zacks Research cut shares of Denison Mine from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Finally, Scotiabank reiterated an “outperform” rating on shares of Denison Mine in a research report on Thursday, May 14th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $5.38.

Denison Mine Company Profile

Denison Mines Corp. (NYSEAMERICAN:DNN) is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of Saskatchewan. The company’s core business is the discovery, evaluation and advancement of high-grade uranium projects that can supply fuel for the global nuclear power industry.

Denison’s flagship asset is the 66.9%-owned Wheeler River Project, one of the largest undeveloped high-grade uranium deposits in the Athabasca Basin. In addition to Wheeler River, Denison holds interests in several other exploration properties across northern Saskatchewan and maintains a strategic partnership in the McClean Lake uranium mill, providing it with downstream processing capabilities for future production.

Founded in 1974, Denison Mines has accumulated decades of geological expertise in one of the world’s most prolific uranium districts.