FY2026 EPS Estimates for Denison Mine Cut by Scotiabank

Denison Mine Corp (NYSEAMERICAN:DNN) (TSE:DML) – Stock analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for shares of Denison Mine in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now forecasts that the basic materials company will earn ($0.05) per share for the year, down from their previous forecast of ($0.04). Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Denison Mine’s current full-year earnings is ($0.06) per share.

Several other equities research analysts have also recently weighed in on DNN. Royal Bank Of Canada started coverage on shares of Denison Mine in a research report on Monday, July 13th. They set an “outperform” rating for the company. Zacks Research cut shares of Denison Mine from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 15th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $5.38.

Denison Mine Stock Up 5.1%

Shares of NYSEAMERICAN DNN opened at $3.72 on Monday. The company has a quick ratio of 9.14, a current ratio of 9.41 and a debt-to-equity ratio of 2.38. Denison Mine has a 52 week low of $2.08 and a 52 week high of $4.43. The firm’s fifty day moving average is $3.13 and its 200 day moving average is $3.47. The company has a market cap of $3.37 billion, a price-to-earnings ratio of -16.91 and a beta of 1.23.

Institutional Investors Weigh In On Denison Mine

A number of large investors have recently made changes to their positions in DNN. Summitry LLC bought a new position in shares of Denison Mine during the fourth quarter valued at approximately $27,000. Kelleher Financial Advisors bought a new stake in Denison Mine in the second quarter valued at $27,000. First Citizens Bank & Trust Co. purchased a new position in Denison Mine during the 4th quarter valued at $27,000. Invesco Ltd. purchased a new position in Denison Mine during the 4th quarter valued at $27,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Denison Mine during the 2nd quarter valued at $28,000. 36.74% of the stock is currently owned by institutional investors.

Denison Mine Company Profile

Denison Mines Corp. (NYSEAMERICAN:DNN) is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of Saskatchewan. The company’s core business is the discovery, evaluation and advancement of high-grade uranium projects that can supply fuel for the global nuclear power industry.

Denison’s flagship asset is the 66.9%-owned Wheeler River Project, one of the largest undeveloped high-grade uranium deposits in the Athabasca Basin. In addition to Wheeler River, Denison holds interests in several other exploration properties across northern Saskatchewan and maintains a strategic partnership in the McClean Lake uranium mill, providing it with downstream processing capabilities for future production.

Founded in 1974, Denison Mines has accumulated decades of geological expertise in one of the world’s most prolific uranium districts.