Denison Mines Corp. (NYSEAMERICAN:DNN) Shares Bought by Continuum Advisory LLC

Continuum Advisory LLC grew its position in Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 78.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,407 shares of the basic materials company’s stock after buying an additional 14,688 shares during the quarter. Continuum Advisory LLC’s holdings in Denison Mines were worth $61,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Integrated Investment Consultants LLC purchased a new stake in Denison Mines during the 3rd quarter worth approximately $27,000. RPS Advisory Solutions LLC acquired a new position in shares of Denison Mines in the second quarter worth $46,000. Legacy Capital Group California Inc. increased its position in shares of Denison Mines by 131.7% during the second quarter. Legacy Capital Group California Inc. now owns 23,306 shares of the basic materials company’s stock worth $46,000 after acquiring an additional 13,248 shares during the period. Toronto Dominion Bank raised its stake in shares of Denison Mines by 39.4% in the second quarter. Toronto Dominion Bank now owns 23,969 shares of the basic materials company’s stock valued at $48,000 after acquiring an additional 6,777 shares in the last quarter. Finally, SevenBridge Financial Group LLC boosted its holdings in Denison Mines by 54.2% in the third quarter. SevenBridge Financial Group LLC now owns 37,000 shares of the basic materials company’s stock valued at $68,000 after purchasing an additional 13,000 shares during the period. Hedge funds and other institutional investors own 36.74% of the company’s stock.

Denison Mines Price Performance

Shares of Denison Mines stock opened at $2.16 on Friday. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of -216.00 and a beta of 1.71. Denison Mines Corp. has a 52 week low of $1.40 and a 52 week high of $2.47. The company has a 50 day moving average of $2.01.

Analyst Upgrades and Downgrades

DNN has been the topic of several recent research reports. BMO Capital Markets upgraded Denison Mines from a “market perform” rating to an “outperform” rating in a report on Wednesday, September 25th. Cibc World Mkts upgraded shares of Denison Mines to a “strong-buy” rating in a research note on Thursday, September 26th. Roth Mkm reiterated a “buy” rating and issued a $2.75 price target (up previously from $2.60) on shares of Denison Mines in a research note on Wednesday, October 23rd. CIBC began coverage on shares of Denison Mines in a research report on Thursday, September 26th. They issued a “sector outperform” rating and a $3.25 price objective on the stock. Finally, National Bank Financial raised shares of Denison Mines to a “strong-buy” rating in a research report on Tuesday, September 3rd. One investment analyst has rated the stock with a sell rating, three have issued a buy rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target 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.