Denison Mines (NYSE:DNN) Shares Gap Down to $1.06

Shares of Denison Mines Corp. (NYSE:DNNGet Rating) gapped down prior to trading on Thursday . The stock had previously closed at $1.06, but opened at $1.02. Denison Mines shares last traded at $1.02, with a volume of 13,808 shares traded.

Separately, upgraded shares of Denison Mines to a “sell” rating in a research report on Thursday, May 12th.

The firm has a 50-day moving average price of $1.26. The stock has a market cap of $837.78 million, a price-to-earnings ratio of 17.67 and a beta of 1.88.

Denison Mines (NYSE:DNNGet Rating) last posted its quarterly earnings data on Wednesday, May 4th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.05. Denison Mines had a return on equity of 17.54% and a net margin of 323.13%. The company had revenue of $3.26 million during the quarter. On average, research analysts predict that Denison Mines Corp. will post -0.03 earnings per share for the current fiscal year.

About Denison Mines (NYSE:DNN)

Denison Mines Corp. engages in the acquisition, exploration, development, extraction, processing, selling of, and investing in uranium properties in Canada. Its flagship project is the 95% interest owned Wheeler River uranium project 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.

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