National Bank Financial Reiterates “C$6.50” Price Target for Denison Mines (TSE:DML)

National Bank Financial set a C$6.50 price objective on Denison Mines (TSE:DMLFree Report) (NYSE:DNN) in a report released on Monday morning,BayStreet reports. The brokerage currently has an outperform rating on the stock.

A number of other equities analysts have also recently commented on the company. Royal Bank Of Canada set a C$6.00 target price on Denison Mines and gave the stock an “outperform” rating in a report on Tuesday, July 14th. Jefferies Financial Group set a C$5.20 price target on Denison Mines and gave the company a “buy” rating in a report on Thursday, September 3rd. Finally, Ventum Financial set a C$5.50 price target on Denison Mines and gave the stock a “buy” rating in a research report on Monday, August 24th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$5.94.

Read Our Latest Analysis on DML

Denison Mines Stock Down 3.4%

Shares of TSE DML opened at C$4.00 on Monday. The firm’s 50-day moving average price is C$4.36 and its 200-day moving average price is C$4.65. The company has a current ratio of 9.41, a quick ratio of 3.12 and a debt-to-equity ratio of 237.89. The stock has a market capitalization of C$3.62 billion, a price-to-earnings ratio of -12.90, a P/E/G ratio of 1.42 and a beta of 1.49. Denison Mines has a 12-month low of C$3.12 and a 12-month high of C$6.04.

Denison Mines (TSE:DMLGet Free Report) (NYSE:DNN) last released its quarterly earnings results on Wednesday, August 12th. The company reported C($0.03) EPS for the quarter. Denison Mines had a negative return on equity of 83.49% and a negative net margin of 6,732.67%.The company had revenue of C$0.72 million during the quarter. On average, equities research analysts anticipate that Denison Mines will post -0.01 EPS for the current fiscal year.

Insider Buying and Selling

In other Denison Mines news, Director Laurie Sterritt sold 23,000 shares of Denison Mines stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of C$5.22, for a total transaction of C$120,060.00. 0.31% of the stock is owned by insiders.

Denison Mines Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Denison Mines (TSE:DML)

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