Denison Mine FY2025 EPS Cut by Raymond James Financial

Denison Mine Corp (NYSEAMERICAN:DNN) (TSE:DML) – Stock analysts at Raymond James Financial reduced their FY2025 EPS estimates for shares of Denison Mine in a research note issued on Sunday, November 9th. Raymond James Financial analyst B. Macarthur now expects that the basic materials company will earn ($0.16) per share for the year, down from their previous forecast of ($0.09). Raymond James Financial has a “Outperform” rating on the stock. The consensus estimate for Denison Mine’s current full-year earnings is ($0.06) per share. Raymond James Financial also issued estimates for Denison Mine’s Q4 2025 earnings at ($0.02) EPS.

Other analysts have also issued research reports about the stock. Desjardins raised shares of Denison Mine to a “moderate buy” rating in a report on Monday, August 18th. Scotiabank reiterated an “outperform” rating on shares of Denison Mine in a research report on Thursday, August 7th. TD Securities restated a “buy” rating on shares of Denison Mine in a research report on Monday, August 11th. Finally, National Bankshares reaffirmed an “outperform” rating on shares of Denison Mine in a research note on Monday, August 18th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Denison Mine has a consensus rating of “Buy”.

Denison Mine Trading Down 1.9%

Shares of NYSEAMERICAN DNN opened at $2.59 on Wednesday. Denison Mine has a 1-year low of $1.08 and a 1-year high of $3.42. The company has a 50-day moving average of $2.75 and a two-hundred day moving average of $2.15. The company has a market cap of $2.32 billion, a PE ratio of -43.17 and a beta of 1.32.

Hedge Funds Weigh In On Denison Mine

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. PCJ Investment Counsel Ltd. boosted its stake in Denison Mine by 32.0% during the 2nd quarter. PCJ Investment Counsel Ltd. now owns 2,049,490 shares of the basic materials company’s stock worth $3,750,000 after acquiring an additional 497,070 shares during the last quarter. Russell Investments Group Ltd. increased its stake in Denison Mine by 979,732.3% in the first quarter. Russell Investments Group Ltd. now owns 970,034 shares of the basic materials company’s stock valued at $1,267,000 after purchasing an additional 969,935 shares in the last quarter. Quantbot Technologies LP raised its holdings in Denison Mine by 66.6% in the first quarter. Quantbot Technologies LP now owns 962,991 shares of the basic materials company’s stock worth $1,252,000 after purchasing an additional 384,878 shares during the period. Tejara Capital Ltd bought a new position in shares of Denison Mine during the first quarter worth $1,008,000. Finally, Triasima Portfolio Management inc. acquired a new position in shares of Denison Mine in the 1st quarter valued at $455,000. Institutional investors own 36.74% of the company’s stock.

About Denison Mine

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.