Denison Mines (TSE:DML) Price Target Raised to C$4.15 at National Bankshares

Denison Mines (TSE:DML) (NYSE:DNN) had its price objective raised by National Bankshares from C$3.50 to C$4.15 in a research report sent to investors on Thursday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other brokerages have also issued reports on DML. National Bank Financial upgraded shares of Denison Mines to a “strong-buy” rating in a research report on Tuesday, September 3rd. CIBC set a C$3.25 price target on shares of Denison Mines and gave the stock an “outperform” rating in a research report on Thursday, September 26th. Scotiabank set a C$3.75 price target on shares of Denison Mines and gave the stock an “outperform” rating in a research report on Tuesday, July 2nd. Roth Capital raised shares of Denison Mines to a “strong-buy” rating in a report on Thursday, June 27th. Finally, Cibc World Mkts raised shares of Denison Mines to a “strong-buy” rating in a report on Thursday, September 26th. Five equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$3.57.

Denison Mines Stock Up 1.0 %

Shares of Denison Mines stock opened at C$3.03 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.12 and a current ratio of 6.94. The stock has a market capitalization of C$2.70 billion, a PE ratio of 50.50, a price-to-earnings-growth ratio of 1.42 and a beta of 1.89. Denison Mines has a 52-week low of C$1.91 and a 52-week high of C$3.37. The company has a 50-day simple moving average of C$2.41 and a two-hundred day simple moving average of C$2.66.

Denison Mines (TSE:DML) (NYSE:DNN) last released its quarterly earnings data on Thursday, August 8th. The company reported C($0.02) earnings per share for the quarter, meeting the consensus estimate of C($0.02). Denison Mines had a net margin of 1,412.07% and a return on equity of 10.60%. The firm had revenue of C$1.33 million during the quarter, compared to analysts’ expectations of C$1.10 million. On average, analysts anticipate that Denison Mines will post -0.01 EPS for the current fiscal year.

Denison Mines Company Profile

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.