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 research analysts at National Bank Financial decreased their FY2026 earnings per share (EPS) estimates for shares of Denison Mine in a note issued to investors 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.

DNN has been the subject of several other reports. National Bankshares reaffirmed an "outperform" rating on shares of Denison Mine in a research report on Monday, August 18th. Desjardins raised Denison Mine to a "moderate buy" rating in a research report on Monday, August 18th. Scotiabank reaffirmed an "outperform" rating on shares of Denison Mine in a research report on Thursday, August 7th. TD Securities reaffirmed a "buy" rating on shares of Denison Mine in a research report on Monday, August 11th. Finally, Raymond James Financial reissued an "outperform" rating on shares of Denison Mine in a research report on Monday, August 18th. Two equities research analysts have rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $3.00.

Denison Mine Trading Up 6.7%

NYSEAMERICAN:DNN traded up $0.13 during trading hours on Wednesday, hitting $2.08. 60,700,252 shares of the company were exchanged, compared to its average volume of 59,223,948. The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of -34.67 and a beta of 1.39. Denison Mine has a one year low of $1.08 and a one year high of $2.47. The company has a fifty day simple moving average of $1.97 and a 200 day simple moving average of $1.68.

Institutional Investors Weigh In On Denison Mine

A number of hedge funds have recently added to or reduced their stakes in DNN. Alyeska Investment Group L.P. bought a new stake in Denison Mine in the fourth quarter worth approximately $35,837,000. MMCAP International Inc. SPC increased its position in Denison Mine by 36.4% in 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 in the last quarter. Balyasny Asset Management L.P. bought a new stake in Denison Mine in the 2nd quarter valued at about $7,998,000. Millennium Management LLC increased its position in Denison Mine by 393.3% in the 4th quarter. Millennium Management LLC now owns 5,122,978 shares of the basic materials company's stock valued at $9,221,000 after buying an additional 4,084,401 shares in the last quarter. Finally, NewGen Asset Management Ltd bought a new stake in Denison Mine in the 4th quarter valued at about $5,441,000. 36.74% of the stock is currently owned by institutional investors.

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.