Intact Investment Management Inc. Trims Stock Holdings in Denison Mines Corp. (NYSEAMERICAN:DNN)

Intact Investment Management Inc. decreased its position in Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,360,300 shares of the basic materials company’s stock after selling 94,500 shares during the period. Intact Investment Management Inc. owned approximately 0.26% of Denison Mines worth $4,285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Integrated Investment Consultants LLC purchased a new position in Denison Mines in the 3rd quarter worth $27,000. Vantage Point Financial LLC acquired a new stake in Denison Mines during the 4th quarter worth about $34,000. Commonwealth Equity Services LLC grew its position in Denison Mines by 74.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 19,964 shares of the basic materials company’s stock worth $36,000 after purchasing an additional 8,500 shares during the period. Avantax Advisory Services Inc. acquired a new stake in Denison Mines during the 4th quarter worth about $49,000. Finally, Fiduciary Family Office LLC acquired a new stake in Denison Mines during the 4th quarter worth about $50,000. Hedge funds and other institutional investors own 36.74% of the company’s stock.

Denison Mines Stock Performance

Shares of DNN opened at $1.38 on Friday. The business’s 50-day moving average is $1.77 and its two-hundred day moving average is $1.95. The company has a market capitalization of $1.24 billion, a P/E ratio of -138.00 and a beta of 1.75. Denison Mines Corp. has a fifty-two week low of $1.27 and a fifty-two week high of $2.47.

Denison Mines Profile

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.