FY2026 EPS Estimates for Denison Mine Cut by Analyst

Key Points

• Denison Mine Corp's FY2026 EPS estimates have been lowered by National Bank Financial from ($0.01) to ($0.03), while the current full-year consensus estimate is ($0.06) per share.
• Despite the lowered estimates, Denison Mine retains a strong outlook with multiple analysts issuing "Buy" or "Outperform" ratings, leading to a consensus price target of $3.00.
• Institutional investors have been active in acquiring shares of Denison Mine, with 36.74% of the company's stock owned by institutional investors and hedge funds.

Denison Mine Corp (NYSEAMERICAN:DNN - Free Report) TSE: DML - Equities researchers at National Bank Financial lowered their FY2026 earnings per share (EPS) estimates for shares of Denison Mine in a research note issued on Sunday, August 17th. National Bank Financial analyst M. Sidibe now anticipates that the basic materials company will post earnings per share of ($0.03) for the year, down from their previous forecast of ($0.01). The consensus estimate for Denison Mine's current full-year earnings is ($0.06) per share. National Bank Financial also issued estimates for Denison Mine's FY2027 earnings at ($0.03) EPS.

Several other research firms have also recently commented on DNN. Desjardins raised Denison Mine to a "moderate buy" rating in a report on Monday, August 18th. TD Securities reaffirmed a "buy" rating on shares of Denison Mine in a report on Monday, August 11th. Raymond James Financial reaffirmed an "outperform" rating on shares of Denison Mine in a report on Monday, August 18th. National Bankshares reaffirmed an "outperform" rating on shares of Denison Mine in a report on Monday, August 18th. Finally, Scotiabank reaffirmed an "outperform" rating on shares of Denison Mine in a report on Thursday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company's stock. Based on data from MarketBeat.com, Denison Mine presently has an average rating of "Buy" and an average target price of $3.00.

Denison Mine Trading Down 0.2%

Shares of DNN traded down $0.0050 during mid-day trading on Wednesday, hitting $2.0750. The company's stock had a trading volume of 28,785,138 shares, compared to its average volume of 77,863,484. The firm has a 50-day simple moving average of $1.97 and a 200 day simple moving average of $1.68. The firm has a market capitalization of $1.86 billion, a P/E ratio of -34.58 and a beta of 1.39. Denison Mine has a 1-year low of $1.08 and a 1-year high of $2.47.

Hedge Funds Weigh In On Denison Mine

Several institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Denison Mine by 1.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,884,241 shares of the basic materials company's stock valued at $114,120,000 after purchasing an additional 880,966 shares during the last quarter. MMCAP International Inc. SPC grew its stake in shares of Denison Mine by 36.4% during the 1st quarter. MMCAP International Inc. SPC now owns 23,895,317 shares of the basic materials company's stock valued at $31,064,000 after buying an additional 6,371,531 shares during the period. Alyeska Investment Group L.P. purchased a new stake in shares of Denison Mine during the 4th quarter valued at $35,837,000. Point72 Asset Management L.P. grew its stake in shares of Denison Mine by 5.8% during the 4th quarter. Point72 Asset Management L.P. now owns 10,165,800 shares of the basic materials company's stock valued at $18,298,000 after buying an additional 558,200 shares during the period. Finally, Vident Advisory LLC grew its stake in shares of Denison Mine by 41.9% during the 2nd quarter. Vident Advisory LLC now owns 9,755,610 shares of the basic materials company's stock valued at $17,755,000 after buying an additional 2,881,618 shares during the period. 36.74% of the stock is currently owned by institutional investors and hedge funds.

Denison Mine 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.