Arlington Capital Management Inc. Has $844,000 Stake in Denison Mines Corp. (NYSEAMERICAN:DNN)

Arlington Capital Management Inc. grew its holdings in Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) by 6.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 469,126 shares of the basic materials company’s stock after acquiring an additional 27,934 shares during the period. Arlington Capital Management Inc.’s holdings in Denison Mines were worth $844,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in DNN. Segra Capital Management LLC raised its holdings in shares of Denison Mines by 124.8% in the third quarter. Segra Capital Management LLC now owns 18,268,562 shares of the basic materials company’s stock valued at $33,431,000 after buying an additional 10,140,540 shares during the last quarter. Van ECK Associates Corp increased its position in Denison Mines by 43.3% in the 4th quarter. Van ECK Associates Corp now owns 20,879,491 shares of the basic materials company’s stock valued at $37,595,000 after acquiring an additional 6,305,332 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Denison Mines by 116.6% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 7,131,404 shares of the basic materials company’s stock worth $12,932,000 after acquiring an additional 3,838,504 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Denison Mines by 499.0% during the third quarter. The Manufacturers Life Insurance Company now owns 4,127,950 shares of the basic materials company’s stock worth $7,514,000 after purchasing an additional 3,438,790 shares in the last quarter. Finally, Ninepoint Partners LP bought a new stake in shares of Denison Mines during the fourth quarter valued at approximately $1,620,000. Institutional investors own 36.74% of the company’s stock.

Denison Mines Price Performance

Shares of Denison Mines stock opened at $1.47 on Wednesday. The firm has a 50 day simple moving average of $1.71 and a 200 day simple moving average of $1.92. Denison Mines Corp. has a fifty-two week low of $1.27 and a fifty-two week high of $2.47. The firm has a market cap of $1.32 billion, a P/E ratio of -147.00 and a beta of 1.75.

Denison Mines Company 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.