National Bankshares Issues Positive Forecast for Denison Mines (TSE:DML) Stock Price

Denison Mines (TSE:DML) (NYSE:DNN) had its price target upped by National Bankshares from C$4.50 to C$5.00 in a report released on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price objective would indicate a potential upside of 31.58% from the company’s previous close.

Denison Mines Trading Up 7.3%

Shares of DML stock traded up C$0.26 during trading hours on Friday, reaching C$3.80. The company’s stock had a trading volume of 3,526,356 shares, compared to its average volume of 3,009,020. Denison Mines has a one year low of C$1.58 and a one year high of C$4.79. The stock has a market capitalization of C$3.41 billion, a P/E ratio of -17.27, a P/E/G ratio of 1.42 and a beta of 1.71. The firm’s fifty day simple moving average is C$3.78 and its 200 day simple moving average is C$3.24.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its earnings results on Friday, November 7th. The company reported C($0.15) EPS for the quarter. The business had revenue of C$1.05 million for the quarter. Denison Mines had a net margin of 1,029.20% and a negative return on equity of 4.41%. As a group, equities research analysts forecast that Denison Mines will post -0.01 earnings per share for the current fiscal year.

About Denison Mines

Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan. The company is also engaged in mine decommissioning and environmental services through its Closed Mines group, which manages its Elliot Lake reclamation projects and provides third-party post-closure mine care and maintenance services.