Denison Mines (TSE:DML – Free Report) (NYSE:DNN) had its price target cut by Royal Bank Of Canada from C$6.00 to C$5.00 in a research note released on Monday,BayStreet reports. They currently have an outperform rating on the stock.
A number of other research firms also recently weighed in on DML. National Bank Financial set a C$6.50 target price on shares of Denison Mines and gave the company an “outperform” rating in a research report on Monday, September 21st. Jefferies Financial Group set a C$5.20 price target on shares of Denison Mines and gave the stock a “buy” rating in a report on Thursday, September 3rd. Finally, Ventum Financial set a C$5.50 price target on shares of Denison Mines and gave the stock a “buy” rating in a report on Monday, August 24th. Five analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$5.74.
Get Our Latest Stock Report on DML
Denison Mines Price Performance
DML opened at C$3.13 on Monday. Denison Mines has a fifty-two week low of C$2.71 and a fifty-two week high of C$6.04. The firm has a 50-day moving average of C$3.61 and a 200 day moving average of C$4.53. The company has a debt-to-equity ratio of 155.99, a quick ratio of 3.12 and a current ratio of 4.67. The firm has a market cap of C$2.83 billion, a P/E ratio of -52.17, a PEG ratio of 1.42 and a beta of 2.14.
Denison Mines (TSE:DML – Get Free Report) (NYSE:DNN) last announced its quarterly earnings data on Wednesday, November 4th. The company reported C($0.03) EPS for the quarter. The company had revenue of C$1.05 million during the quarter. Denison Mines had a negative return on equity of 18.23% and a negative net margin of 1,437.10%. On average, research analysts expect that Denison Mines will post -0.01 EPS for the current year.
Insiders Place Their Bets
In other Denison Mines news, Director Laurie Sterritt sold 23,000 shares of the stock in a transaction dated Tuesday, August 25th. The shares were 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 corporate insiders.
Denison Mines Company Profile
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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