Denison Mines (TSE:DML) Raised to “Moderate Buy” at Royal Bank Of Canada

Denison Mines (TSE:DML) (NYSE:DNN) was upgraded by investment analysts at Royal Bank Of Canada to a “moderate buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Separately, National Bank Financial boosted their price objective on Denison Mines from C$6.00 to C$6.50 and gave the stock an “outperform” rating in a report on Friday, April 17th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$6.33.

Denison Mines Stock Up 3.7%

Shares of Denison Mines stock opened at C$4.46 on Monday. The stock’s fifty day moving average is C$4.59 and its 200-day moving average is C$4.89. The firm has a market capitalization of C$4.04 billion, a PE ratio of -13.94, a price-to-earnings-growth ratio of 1.42 and a beta of 1.29. The company has a quick ratio of 3.12, a current ratio of 13.77 and a debt-to-equity ratio of 280.62. Denison Mines has a 12-month low of C$2.46 and a 12-month high of C$6.04.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its earnings results on Tuesday, May 12th. The company reported C($0.13) EPS for the quarter. Denison Mines had a negative net margin of 6,208.50% and a negative return on equity of 73.67%. The company had revenue of C$1.11 million for the quarter. Equities analysts anticipate that Denison Mines will post -0.01 earnings per share for the current year.

Insider Activity at Denison Mines

In other news, Director Laurie Sterritt sold 19,800 shares of Denison Mines stock in a transaction on Thursday, June 25th. The stock was sold at an average price of C$4.39, for a total transaction of C$86,922.00. 0.31% of the stock is currently owned by company insiders.

About Denison Mines

Denison Mines Corp. is a Canadian uranium exploration company operating in northern Saskatchewan. The portfolio comprises roughly 237,000 ha across multiple underexplored 100% owned and Cosa-operated joint venture projects in the Athabasca Basin region, the majority of which reside within or adjacent to established uranium corridors. In January of 2025, the Company entered a transformative strategic collaboration with Denison Mines (TSX: DML) (NYSE American: DNN) that has secured access to several additional highly prospective eastern Athabasca uranium exploration projects.