Denison Mines Corp. (TSE:DML - Get Free Report) NYSE: DNN shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$2.28 and traded as high as C$3.07. Denison Mines shares last traded at C$2.93, with a volume of 2,468,080 shares changing hands.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on DML. Desjardins upgraded shares of Denison Mines to a "moderate buy" rating in a research report on Thursday, April 3rd. National Bankshares set a C$3.75 price objective on shares of Denison Mines and gave the company an "outperform" rating in a research report on Tuesday, June 24th. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Denison Mines has a consensus rating of "Buy" and an average target price of C$3.49.
Read Our Latest Stock Analysis on DML
Denison Mines Trading Down 1.7%
The stock has a market cap of C$2.60 billion, a P/E ratio of -95.86, a PEG ratio of 1.42 and a beta of 1.89. The stock's fifty day moving average price is C$2.47 and its 200 day moving average price is C$2.28.
Denison Mines Company Profile
(
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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.
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