Brokers Set Expectations for Denison Mines FY2025 Earnings

Key Points

• National Bank Financial raised its FY2025 earnings estimate for Denison Mines to ($0.09) per share, indicating improved expectations from a previous forecast of ($0.10).
• Analysts from TD Securities and National Bankshares have increased their target prices for Denison Mines shares to C$3.75, supporting a general consensus of a "Buy" rating for the stock.
• Denison Mines currently has a market capitalization of C$2.44 billion and is engaged in uranium exploration within the Athabasca Basin, holding a 95% interest in its flagship project, the Wheeler River Uranium Project.

Denison Mines Corp. (TSE:DML - Free Report) NYSE: DNN - Equities research analysts at National Bank Financial boosted their FY2025 EPS estimates for Denison Mines in a research note issued on Sunday, August 17th. National Bank Financial analyst M. Sidibe now expects that the company will post earnings per share of ($0.09) for the year, up from their prior estimate of ($0.10). The consensus estimate for Denison Mines' current full-year earnings is ($0.01) per share. National Bank Financial also issued estimates for Denison Mines' FY2026 earnings at ($0.04) EPS and FY2027 earnings at ($0.04) EPS.

A number of other research firms have also weighed in on DML. Desjardins upgraded Denison Mines to a "moderate buy" rating in a report on Monday, August 18th. National Bankshares set a C$3.75 price target on Denison Mines and gave the company an "outperform" rating in a research report on Tuesday, June 24th. Finally, TD Securities lifted their price objective on shares of Denison Mines from C$3.50 to C$3.75 and gave the stock a "buy" rating in a report on Monday, August 11th. Two analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company. According to data from MarketBeat, Denison Mines has an average rating of "Buy" and a consensus target price of C$3.53.

Denison Mines Trading Up 6.3%

Shares of DML traded up C$0.17 on Wednesday, reaching C$2.88. The company's stock had a trading volume of 5,168,582 shares, compared to its average volume of 2,599,708. Denison Mines has a twelve month low of C$1.58 and a twelve month high of C$3.45. The stock has a market capitalization of C$2.60 billion, a PE ratio of -95.86, a PEG ratio of 1.42 and a beta of 1.89. The firm has a fifty day moving average of C$2.70 and a 200-day moving average of C$2.30.

About Denison Mines

Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan.