Denison Mines Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:DML Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
23 Sep 25	SellCA$1,176,000	David Cates	Individual		300,000	CA$3.92
23 Sep 25	SellCA$372,400	Amanda Willett	Individual		95,000	CA$3.92

Insider Trading Volume

Insider Buying: DML insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of DML?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,899,468	0.323%
General Public	378,358,057	42.2%
Institutions	516,033,016	57.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 43.66% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7%	Van Eck Associates Corporation	62,803,040	CA$220.4m	16.9%	0.11%
6.01%	ALPS Advisors, Inc.	53,892,197	CA$189.2m	-10.2%	0.53%
5.83%	Mirae Asset Global Investments Co., Ltd.	52,332,391	CA$183.7m	4.08%	0.09%
2.92%	Hood River Capital Management LLC	26,243,203	CA$92.1m	-1.33%	0.7%
2.07%	Citadel Advisors LLC	18,553,451	CA$65.1m	76.8%	0.04%
1.9%	Two Sigma Investments, LP	17,026,392	CA$59.8m	1,700%	0.07%
1.56%	L1 Capital Pty. Limited	14,007,218	CA$49.2m	4,540%	0.62%
1.53%	Two Sigma Advisers, LP	13,715,000	CA$48.1m	0%	0.07%
1.48%	The Vanguard Group, Inc.	13,263,903	CA$46.6m	1,700%	no data
1.47%	Renaissance Technologies LLC	13,169,013	CA$46.2m	156%	0.04%
1.2%	UBS Asset Management AG	10,756,652	CA$37.8m	7.24%	no data
1.06%	MM Asset Management Inc	9,505,871	CA$33.4m	-29.1%	1.83%
1.02%	Vident Asset Management	9,156,347	CA$32.1m	-6.14%	0.16%
0.89%	Capital Research and Management Company	8,024,816	CA$28.2m	-30%	no data
0.84%	Scopus Asset Management, L.P.	7,511,802	CA$26.4m	-1.31%	0.44%
0.83%	Morgan Stanley	7,477,720	CA$26.2m	85.6%	no data
0.81%	TD Asset Management, Inc.	7,310,205	CA$25.7m	-18.7%	0.01%
0.81%	Connor, Clark & Lunn Investment Management Ltd.	7,277,583	CA$25.5m	-18.6%	0.05%
0.79%	Davenport & Company LLC	7,123,000	CA$25.0m	4,650%	0.09%
0.76%	Merewether Investment Management LP	6,819,900	CA$23.9m	0%	0.37%
0.71%	RBC Dominion Securities Inc.	6,401,899	CA$22.5m	51%	0.01%
0.58%	Jane Street Group, LLC	5,192,229	CA$18.2m	120,000%	0.02%
0.56%	Millennium Management LLC	4,987,811	CA$17.5m	5.09%	0.01%
0.55%	Susquehanna International Group, LLP	4,922,239	CA$17.3m	-7.31%	0.02%
0.48%	Lloyd Harbor Capital Management, LLC	4,300,662	CA$15.1m	-35.9%	4.88%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/26 10:21
End of Day Share Price	2025/11/25 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Denison Mines Corp. is covered by 20 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Alexander Robert Pearce	BMO Capital Markets Equity Research
Katie Lachapelle	Canaccord Genuity
Anita Soni	CIBC Capital Markets