Denison Mines (TSE:DML) PT Set at C$5.20 by Jefferies Financial Group

Key Points

• Jefferies Financial Group set a C$5.20 price target for Denison Mines and maintained a “buy” rating, implying 12.31% upside from the reported C$4.63 share price.
• Analyst sentiment remains positive: five analysts rate the stock a Buy, with a consensus target price of C$5.94.
• Denison’s shares rose 4.0% to C$4.63, while the company reported a quarterly loss of C$0.03 per share and C$0.72 million in revenue; a director also sold 23,000 shares at an average price of C$5.22.

Denison Mines (TSE:DML - Get Free Report) NYSE: DNN has been assigned a C$5.20 price target by equities researchers at Jefferies Financial Group in a research report issued on Thursday, BayStreet reports. The brokerage currently has a "buy" rating on the stock. Jefferies Financial Group's price target points to a potential upside of 12.31% from the stock's current price.

DML has been the topic of a number of other reports. Royal Bank Of Canada set a C$6.00 price objective on shares of Denison Mines and gave the company an "outperform" rating in a research note on Tuesday, July 14th. Ventum Financial set a C$5.50 target price on shares of Denison Mines and gave the stock a "buy" rating in a research report on Monday, August 24th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of C$5.94.

Denison Mines Stock Up 4.0%

Shares of DML traded up C$0.18 during trading on Thursday, reaching C$4.63. The company's stock had a trading volume of 1,725,089 shares, compared to its average volume of 3,596,676. The company has a market cap of C$4.19 billion, a price-to-earnings ratio of -14.94, a P/E/G ratio of 1.42 and a beta of 1.28. The company has a quick ratio of 3.12, a current ratio of 9.41 and a debt-to-equity ratio of 237.89. The company has a fifty day moving average of C$4.41 and a two-hundred day moving average of C$4.78. Denison Mines has a twelve month low of C$3.09 and a twelve month high of C$6.04.

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

Insider Buying and Selling at Denison Mines

In other news, Director Laurie Sterritt sold 23,000 shares of the business's stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of C$5.22, for a total value of C$120,060.00. In the last ninety days, insiders sold 43,000 shares of company stock valued at $207,912. 0.31% of the stock is currently owned by insiders.

Denison Mines Company Profile

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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