Denison Mines Corp. (NYSEAMERICAN:DNN) Stock Holdings Trimmed by Azarias Capital Management L.P.

Azarias Capital Management L.P. decreased its holdings in Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 5.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,326,586 shares of the basic materials company’s stock after selling 200,000 shares during the quarter. Denison Mines accounts for approximately 2.7% of Azarias Capital Management L.P.’s holdings, making the stock its 18th largest position. Azarias Capital Management L.P. owned approximately 0.37% of Denison Mines worth $5,988,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Integrated Investment Consultants LLC acquired a new position in shares of Denison Mines during the third quarter valued at approximately $27,000. Vantage Point Financial LLC acquired a new position in shares of Denison Mines during the 4th quarter valued at $34,000. Fiduciary Family Office LLC acquired a new position in shares of Denison Mines during the 4th quarter valued at $50,000. Continuum Advisory LLC raised its stake in shares of Denison Mines by 78.5% in the 3rd quarter. Continuum Advisory LLC now owns 33,407 shares of the basic materials company’s stock worth $61,000 after buying an additional 14,688 shares in the last quarter. Finally, Legacy Capital Group California Inc. lifted its holdings in shares of Denison Mines by 47.5% in the third quarter. Legacy Capital Group California Inc. now owns 34,372 shares of the basic materials company’s stock valued at $63,000 after buying an additional 11,066 shares during the period. 36.74% of the stock is owned by institutional investors and hedge funds.

Denison Mines Price Performance

Shares of NYSEAMERICAN:DNN opened at $1.76 on Thursday. Denison Mines Corp. has a one year low of $1.40 and a one year high of $2.47. The firm has a market cap of $1.58 billion, a P/E ratio of -176.00 and a beta of 1.75. The firm’s fifty day moving average is $1.98.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reaffirmed a “buy” rating and set a $2.75 target price (up from $2.60) on shares of Denison Mines in a report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Denison Mines has an average rating of “Buy” and a consensus target price of $3.00.

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.