Denison Mines (TSE:DML) PT Set at C$3.50 by National Bankshares

National Bankshares set a C$3.50 price objective on Denison Mines (TSE:DML) (NYSE:DNN) in a report released on Wednesday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other research analysts have also recently weighed in on the company. Roth Capital upgraded Denison Mines to a strong-buy rating in a report on Thursday, June 27th. Scotiabank set a C$3.75 price objective on Denison Mines and gave the stock an outperform rating in a research note on Tuesday, July 2nd. One research analyst has rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Denison Mines presently has an average rating of Buy and a consensus price target of C$3.28.

Denison Mines Price Performance

Shares of TSE:DML opened at C$1.94 on Wednesday. The company has a market cap of C$1.73 billion, a P/E ratio of 32.33, a P/E/G ratio of 1.42 and a beta of 1.90. The company has a quick ratio of 3.12, a current ratio of 6.94 and a debt-to-equity ratio of 0.07. Denison Mines has a 52 week low of C$1.89 and a 52 week high of C$3.37. The business has a fifty day simple moving average of C$2.45 and a 200-day simple moving average of C$2.67.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its quarterly earnings data on Thursday, August 8th. The company reported C($0.02) EPS for the quarter, meeting analysts’ consensus estimates of C($0.02). The business had revenue of C$1.33 million during the quarter, compared to the consensus estimate of C$1.10 million. Denison Mines had a return on equity of 10.60% and a net margin of 1,412.07%. Equities research analysts forecast that Denison Mines will post -0.01 EPS for the current 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.