Deutsche Bank AG Has $114,000 Position in Denison Mines Corp. (NYSEAMERICAN:DNN)

Deutsche Bank AG grew its position in shares of Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 37.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 63,468 shares of the basic materials company’s stock after purchasing an additional 17,302 shares during the quarter. Deutsche Bank AG’s holdings in Denison Mines were worth $114,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in DNN. Vantage Point Financial LLC bought a new stake in Denison Mines in the 4th quarter valued at about $34,000. Van ECK Associates Corp lifted its position in Denison Mines by 43.3% in the fourth quarter. Van ECK Associates Corp now owns 20,879,491 shares of the basic materials company’s stock valued at $37,595,000 after purchasing an additional 6,305,332 shares during the last quarter. Vontobel Holding Ltd. raised its holdings in shares of Denison Mines by 92.6% during the fourth quarter. Vontobel Holding Ltd. now owns 196,336 shares of the basic materials company’s stock valued at $356,000 after acquiring an additional 94,419 shares in the last quarter. Legacy Capital Group California Inc. raised its holdings in shares of Denison Mines by 26.2% during the fourth quarter. Legacy Capital Group California Inc. now owns 43,374 shares of the basic materials company’s stock valued at $78,000 after acquiring an additional 9,002 shares in the last quarter. Finally, Canton Hathaway LLC bought a new position in Denison Mines in the fourth quarter worth $74,000. 36.74% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DNN has been the subject of a number of research reports. Desjardins assumed coverage on Denison Mines in a report on Friday, April 4th. They issued a “buy” rating for the company. Scotiabank reissued an “outperform” rating on shares of Denison Mines in a research report on Tuesday, March 25th. One analyst has rated the stock with a sell rating, five have given a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $3.00.

Denison Mines Trading Up 11.2%

Shares of DNN opened at $1.69 on Wednesday. The business’s 50 day moving average is $1.42 and its 200 day moving average is $1.76. The company has a market capitalization of $1.51 billion, a PE ratio of -169.00 and a beta of 1.75. Denison Mines Corp. has a 12-month low of $1.08 and a 12-month high of $2.47.

About Denison Mines

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.