Denison Mines (TSE:DML) PT Raised to C$4.15

Denison Mines (TSE:DML) (NYSE:DNN) had its price target lifted by National Bankshares from C$3.50 to C$4.15 in a research note released on Thursday, BayStreet.CA reports. They currently have an outperform rating on the stock.

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

Denison Mines Stock Performance

Shares of DML opened at C$3.04 on Thursday. Denison Mines has a 52-week low of C$1.91 and a 52-week high of C$3.37. The stock’s 50-day simple moving average is C$2.43 and its 200 day simple moving average is C$2.66. 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$2.71 billion, a price-to-earnings ratio of 50.67, a price-to-earnings-growth ratio of 1.42 and a beta of 1.89.

Denison Mines (TSE:DML) (NYSE:DNN) last released 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 company had revenue of C$1.33 million during the quarter, compared to analyst estimates of C$1.10 million. Denison Mines had a net margin of 1,412.07% and a return on equity of 10.60%. Research analysts forecast 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.