FY2026 EPS Estimates for Denison Mine Reduced by Analyst

Key Points

• Scotiabank lowered Denison Mine’s FY2026 EPS estimate to a loss of $0.05 per share from a prior forecasted loss of $0.04, while maintaining an “Outperform” rating. The consensus estimate is a $0.06 loss per share.
• Analyst sentiment remains broadly positive, with five Buy ratings and one Hold rating, resulting in a “Moderate Buy” consensus and a $5.38 average price target.
• Denison Mine shares opened at $3.50, compared with a 52-week range of $1.96 to $4.43. Institutional investors own 36.74% of the company, with several major funds recently increasing their positions.

Denison Mine Corp (NYSEAMERICAN:DNN - Free Report) TSE: DML - Equities research analysts at Scotiabank cut their FY2026 earnings per share estimates for Denison Mine in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now expects that the basic materials company will post earnings of ($0.05) per share for the year, down from their prior forecast of ($0.04). Scotiabank currently has a "Outperform" rating on the stock. The consensus estimate for Denison Mine's current full-year earnings is ($0.06) per share.

A number of other equities analysts have also issued reports on the stock. Zacks Research lowered shares of Denison Mine from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 15th. Royal Bank Of Canada started coverage on shares of Denison Mine in a report on Monday, July 13th. They issued an "outperform" rating for the company. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Denison Mine presently has a consensus rating of "Moderate Buy" and a consensus price target of $5.38.

Denison Mine Stock Performance

DNN opened at $3.50 on Monday. Denison Mine has a 1-year low of $1.96 and a 1-year high of $4.43. The stock has a market capitalization of $3.17 billion, a PE ratio of -15.91 and a beta of 1.23. The company has a current ratio of 9.41, a quick ratio of 9.14 and a debt-to-equity ratio of 2.38. The firm has a 50-day moving average price of $3.12 and a two-hundred day moving average price of $3.47.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Van ECK Associates Corp grew its position in shares of Denison Mine by 22.4% during the 2nd quarter. Van ECK Associates Corp now owns 87,521,620 shares of the basic materials company's stock worth $267,557,000 after buying an additional 16,013,484 shares during the period. Vanguard Group Inc. lifted its holdings in Denison Mine by 80.6% in the fourth quarter. Vanguard Group Inc. now owns 23,960,755 shares of the basic materials company's stock valued at $63,544,000 after buying an additional 10,696,852 shares during the period. Two Sigma Investments LP lifted its holdings in Denison Mine by 1,696.3% in the third quarter. Two Sigma Investments LP now owns 17,026,392 shares of the basic materials company's stock valued at $46,823,000 after buying an additional 16,078,514 shares during the period. L1 Capital Pty Ltd boosted its stake in Denison Mine by 4,544.0% in the third quarter. L1 Capital Pty Ltd now owns 14,007,218 shares of the basic materials company's stock valued at $38,520,000 after acquiring an additional 13,705,598 shares during the last quarter. Finally, Vident Advisory LLC boosted its stake in Denison Mine by 41.9% in the second quarter. Vident Advisory LLC now owns 9,755,610 shares of the basic materials company's stock valued at $17,755,000 after acquiring an additional 2,881,618 shares during the last quarter. Institutional investors own 36.74% of the company's stock.

Denison Mine Company Profile

Denison Mines Corp. NYSEAMERICAN: DNN is a Canada-based uranium exploration and development company focused on the Athabasca Basin region of Saskatchewan. The company's core business is the discovery, evaluation and advancement of high-grade uranium projects that can supply fuel for the global nuclear power industry.

Denison's flagship asset is the 66.9%-owned Wheeler River Project, one of the largest undeveloped high-grade uranium deposits in the Athabasca Basin. In addition to Wheeler River, Denison holds interests in several other exploration properties across northern Saskatchewan and maintains a strategic partnership in the McClean Lake uranium mill, providing it with downstream processing capabilities for future production.

Founded in 1974, Denison Mines has accumulated decades of geological expertise in one of the world's most prolific uranium districts.

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