Free Trial

Denison Mines (TSE:DML) Shares Pass Above 200 Day Moving Average - What's Next?

Denison Mines logo with Energy background

Denison Mines Corp. (TSE:DML - Get Free Report) NYSE: DNN passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.28 and traded as high as C$2.96. Denison Mines shares last traded at C$2.92, with a volume of 3,554,244 shares changing hands.

Analyst Ratings Changes

A number of research firms have weighed in on DML. National Bankshares set a C$3.75 target price on shares of Denison Mines and gave the company an "outperform" rating in a research report on Tuesday, June 24th. Desjardins raised shares of Denison Mines to a "moderate buy" rating in a research report on Thursday, April 3rd. Finally, Scotiabank decreased their target price on shares of Denison Mines from C$4.75 to C$3.75 and set an "outperform" rating for the company in a research report on Tuesday, March 25th. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Denison Mines currently has an average rating of "Buy" and an average price target of C$3.49.

Read Our Latest Stock Analysis on Denison Mines

Denison Mines Trading Up 1.0%

The firm's 50-day moving average is C$2.35 and its 200-day moving average is C$2.27. The firm has a market cap of C$2.65 billion, a price-to-earnings ratio of -97.52, a P/E/G ratio of 1.42 and a beta of 1.89.

Denison Mines Company Profile

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Denison Mines Right Now?

Before you consider Denison Mines, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Denison Mines wasn't on the list.

While Denison Mines currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines