Denison Mines (TSE:DML) Given a C$6.50 Price Target by National Bank Financial Analysts

Key Points

• National Bank Financial assigned Denison Mines a C$6.50 price target and “outperform” rating, implying 60.89% upside from the prior close.
• Analyst sentiment remains positive: five analysts rate the stock a Buy, with a consensus target of C$5.94.
• Denison shares rose 1.5% to C$4.04, while the company reported a quarterly loss of C$0.03 per share and continued to post negative profitability metrics.

Denison Mines (TSE:DML - Get Free Report) NYSE: DNN has been assigned a C$6.50 target price by equities research analysts at National Bank Financial in a report issued on Monday, BayStreet reports. The firm presently has an "outperform" rating on the stock. National Bank Financial's price target would indicate a potential upside of 60.89% from the company's previous close.

Several other research analysts have also issued reports on the stock. Jefferies Financial Group set a C$5.20 price target on shares of Denison Mines and gave the stock a "buy" rating in a research report on Thursday, September 3rd. Royal Bank Of Canada set a C$6.00 target price on shares of Denison Mines and gave the stock an "outperform" rating in a research note on Tuesday, July 14th. Finally, Ventum Financial set a C$5.50 price target on shares of Denison Mines and gave the company a "buy" rating in a research note on Monday, August 24th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Denison Mines currently has a consensus rating of "Buy" and an average target price of C$5.94.

Denison Mines Stock Up 1.5%

TSE:DML traded up C$0.06 during trading hours on Monday, reaching C$4.04. The company's stock had a trading volume of 1,685,754 shares, compared to its average volume of 3,572,429. Denison Mines has a one year low of C$3.12 and a one year high of C$6.04. The business's 50-day moving average is C$4.38 and its 200-day moving average is C$4.68. The company has a market cap of C$3.66 billion, a price-to-earnings ratio of -13.03, a price-to-earnings-growth ratio of 1.42 and a beta of 1.49. The company has a debt-to-equity ratio of 237.89, a current ratio of 9.41 and a quick ratio of 3.12.

Denison Mines (TSE:DML - Get Free Report) NYSE: DNN last posted its earnings results on Wednesday, August 12th. The company reported C($0.03) earnings per share (EPS) for the quarter. Denison Mines had a negative net margin of 6,732.67% and a negative return on equity of 83.49%. The firm had revenue of C$0.72 million during the quarter. Equities research analysts predict that Denison Mines will post -0.01 EPS for the current year.

Insider Buying and Selling

In other Denison Mines news, Director Laurie Sterritt sold 23,000 shares of Denison Mines stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of C$5.22, for a total transaction of C$120,060.00. Over the last 90 days, insiders sold 43,000 shares of company stock worth $207,912. Company insiders own 0.31% of the company's stock.

About Denison Mines

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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