Cetera Advisors LLC Decreases Holdings in Denison Mines Corp. (NYSEAMERICAN:DNN)

Cetera Advisors LLC decreased its position in shares of Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 3.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,089,435 shares of the basic materials company’s stock after selling 41,123 shares during the period. Cetera Advisors LLC owned 0.13% of Denison Mines worth $1,362,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in shares of Denison Mines by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 292,869 shares of the basic materials company’s stock worth $335,000 after buying an additional 8,335 shares during the last quarter. Mackenzie Financial Corp raised its holdings in shares of Denison Mines by 2.8% in the fourth quarter. Mackenzie Financial Corp now owns 342,449 shares of the basic materials company’s stock worth $391,000 after buying an additional 9,267 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Denison Mines by 24.6% in the first quarter. Raymond James & Associates now owns 55,640 shares of the basic materials company’s stock worth $89,000 after buying an additional 11,000 shares during the last quarter. UBS Group AG raised its holdings in shares of Denison Mines by 0.9% in the fourth quarter. UBS Group AG now owns 1,366,694 shares of the basic materials company’s stock worth $1,572,000 after buying an additional 12,536 shares during the last quarter. Finally, Credit Suisse AG raised its holdings in shares of Denison Mines by 2.3% in the second quarter. Credit Suisse AG now owns 570,023 shares of the basic materials company’s stock worth $554,000 after buying an additional 13,038 shares during the last quarter. Hedge funds and other institutional investors own 30.93% of the company’s stock.

Denison Mines Price Performance

NYSEAMERICAN DNN opened at $1.84 on Tuesday. The firm has a market cap of $1.63 billion, a P/E ratio of 36.70 and a beta of 1.79. Denison Mines Corp. has a 1 year low of $0.92 and a 1 year high of $1.84.

Denison Mines (NYSEAMERICAN:DNN) (TSE:DML) last released its quarterly earnings data on Wednesday, November 8th. The basic materials company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.06. Denison Mines had a net margin of 489.06% and a return on equity of 10.68%. The company had revenue of $2.07 million during the quarter. On average, equities analysts predict that Denison Mines Corp. will post 0.04 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on DNN shares. StockNews.com upgraded shares of Denison Mines to a “sell” rating in a research report on Friday, October 20th. TheStreet upgraded shares of Denison Mines from a “c” rating to a “b-” rating in a research report on Thursday, November 9th.

About Denison Mines

Denison Mines Corp. operates as a uranium exploration and development company in Canada. Its flagship project is the 95% interest owned 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.