National Bankshares Reiterates "C$3.75" Price Target for Denison Mines (TSE:DML)

National Bankshares set a C$3.75 target price on Denison Mines (TSE:DML - Free Report) NYSE: DNN in a research note published on Tuesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Several other equities analysts have also recently weighed in on DML. Raymond James Financial lowered their price objective on shares of Denison Mines from C$3.90 to C$3.70 and set an "outperform" rating on the stock in a research note on Monday, March 17th. Scotiabank decreased their target price on shares of Denison Mines from C$4.75 to C$3.75 and set an "outperform" rating on the stock in a research note on Tuesday, March 25th. Finally, Desjardins upgraded shares of Denison Mines to a "moderate buy" rating in a research note on Thursday, April 3rd. Five analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of C$3.49.

Denison Mines Price Performance

Shares of TSE:DML traded down C$0.03 during trading on Tuesday, hitting C$2.43. The company's stock had a trading volume of 2,411,693 shares, compared to its average volume of 2,338,895. The company has a 50-day moving average of C$2.15 and a 200-day moving average of C$2.31. Denison Mines has a 12 month low of C$1.58 and a 12 month high of C$3.45. The firm has a market cap of C$2.20 billion, a price-to-earnings ratio of -80.88, a P/E/G ratio of 1.42 and a beta of 1.89.

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.