Denison Mine (NYSEAMERICAN:DNN) Stock Jumps 5.9% – Still a Buy?

Posted by Brenda Bartman on Oct 8th, 2026

Denison Mine Corp (NYSEAMERICAN:DNN – Get Free Report) (TSE:DML)’s stock price was up 5.9% during mid-day trading on Tuesday. The stock traded as high as $2.81 and last traded at $2.7850. Approximately 11,352,879 shares traded hands during trading, a decline of 65% from the average daily volume of 32,396,205 shares. The stock had previously closed at $2.63.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Royal Bank Of Canada started coverage on Denison Mine in a research note on Monday, July 13th. They issued an “outperform” rating on the stock. Jefferies Financial Group initiated coverage on shares of Denison Mine in a report on Thursday, September 3rd. They issued a “buy” rating for the company. Six research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $5.38.

Read Our Latest Report on Denison Mine

Denison Mine Stock Performance

The company has a debt-to-equity ratio of 2.38, a quick ratio of 9.14 and a current ratio of 9.41. The company has a market capitalization of $2.32 billion, a P/E ratio of -11.64 and a beta of 1.37. The business’s fifty day simple moving average is $3.07 and its 200-day simple moving average is $3.26.

Institutional Trading of Denison Mine

Institutional investors have recently bought and sold shares of the stock. Deutsche Bank AG bought a new position in shares of Denison Mine during the second quarter valued at approximately $5,096,000. Bank of America Corp DE lifted its stake in shares of Denison Mine by 77.4% during the 1st quarter. Bank of America Corp DE now owns 1,743,780 shares of the basic materials company’s stock worth $6,156,000 after acquiring an additional 760,719 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of Denison Mine by 210.5% during the 2nd quarter. Tidal Investments LLC now owns 1,446,030 shares of the basic materials company’s stock worth $4,425,000 after acquiring an additional 980,277 shares during the last quarter. Goehring & Rozencwajg Associates LLC grew its position in Denison Mine by 19.4% in the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 4,720,615 shares of the basic materials company’s stock valued at $16,664,000 after acquiring an additional 767,863 shares during the last quarter. Finally, BlackRock Inc. purchased a new stake in Denison Mine in the second quarter worth $1,061,000. 36.74% of the stock is currently owned by institutional investors.

About Denison Mine

(Get Free Report)

Denison Mines Corp. is a uranium exploration, development and production company focused primarily on the Athabasca Basin in northern Saskatchewan, Canada. The company’s activities include the acquisition, evaluation and advancement of uranium mineral properties, with an emphasis on projects that could support future uranium production.

Denison’s flagship asset is the Wheeler River project, which includes the Phoenix and Gryphon uranium deposits. Phoenix is being advanced as an in-situ recovery project, while Gryphon is being evaluated as an underground mining operation.