Van Eck Associates Reduces $13M in Denison Mines Corp. ($DNN)
Key Points
- Van Eck Associates changed its Denison Mines Corp. ($DNN) stake by 5.8% last quarter, cutting to 71,508,136 shares worth $218.81 million.
- Wall Street's consensus rating on $DNN is Strong Buy and an average price target of $4.88.
- $DNN last traded around $3.06.
Van Eck Associates trimmed its position in Denison Mines Corp. ($DNN) by 5.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,508,136 shares of Denison Mines Corp. after selling 4,401,891 shares during the quarter. Van Eck Associates's holdings in Denison Mines Corp. were worth $218.81 million as of its most recent filing.
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About Denison Mines Corp.
Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. It holds 95% interest in its flagship project Wheeler River uranium project 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. in December 2006. The company was founded in 1954 and is headquartered in Toronto, Canada.
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