Denison Mines (TSE:DML) PT Raised to C$4.15

Denison Mines (TSE:DML) (NYSE:DNN) had its target price increased by National Bankshares from C$3.50 to C$4.15 in a research note issued to investors on Thursday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Other analysts have also recently issued research reports about the stock. CIBC set a C$3.25 price objective on shares of Denison Mines and gave the stock an “outperform” rating in a research note on Thursday, September 26th. Roth Capital upgraded Denison Mines to a “strong-buy” rating in a research report on Thursday, June 27th. Scotiabank set a C$3.75 price objective on Denison Mines and gave the stock an “outperform” rating in a research report on Tuesday, July 2nd. BMO Capital Markets upgraded Denison Mines from a “market perform” rating to an “outperform” rating and set a C$3.00 target price on the stock in a report on Wednesday, September 25th. Finally, Cibc World Mkts upgraded shares of Denison Mines to a “strong-buy” rating in a report on Thursday, September 26th. Five analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$3.57.

Denison Mines Trading Up 0.3 %

Shares of Denison Mines stock opened at C$3.04 on Thursday. The firm has a market capitalization of C$2.71 billion, a PE ratio of 50.67, a price-to-earnings-growth ratio of 1.42 and a beta of 1.89. The company has a current ratio of 6.94, a quick ratio of 3.12 and a debt-to-equity ratio of 0.07. The firm’s 50 day moving average is C$2.43 and its 200 day moving average is C$2.66. Denison Mines has a 1 year low of C$1.91 and a 1 year high of C$3.37.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its quarterly earnings results on Thursday, August 8th. The company reported C($0.02) EPS for the quarter, meeting analysts’ consensus estimates of C($0.02). The firm had revenue of C$1.33 million for the quarter, compared to analyst estimates of C$1.10 million. Denison Mines had a return on equity of 10.60% and a net margin of 1,412.07%. Equities research analysts forecast that Denison Mines will post -0.01 earnings per share for the current fiscal year.

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.