Denison Mines (TSE:DML) Hits New 1-Year Low - What's Next?

Key Points

• Denison Mines shares hit a new 52-week low of C$2.98, down 1.3% from the prior close, with the price below both its 50-day and 200-day moving averages.
• Despite the decline, analysts maintain a positive outlook: five analysts rate the stock a Buy, with a consensus price target of C$5.94 versus the latest price.
• The company reported a quarterly loss of C$0.03 per share on C$0.72 million in revenue, alongside a deeply negative net margin and return on equity; an insider also sold 23,000 shares at an average price of C$5.22.

Denison Mines Corp. (TSE:DML - Get Free Report) NYSE: DNN's share price hit a new 52-week low on Friday. The company traded as low as C$2.98 and last traded at C$2.98, with a volume of 471,821 shares. The stock had previously closed at C$3.05.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Royal Bank Of Canada set a C$6.00 price target on Denison Mines and gave the company an "outperform" rating in a report on Tuesday, July 14th. National Bank Financial set a C$6.50 price objective on Denison Mines and gave the stock an "outperform" rating in a research note on Monday, September 21st. Ventum Financial set a C$5.50 target price on Denison Mines and gave the stock a "buy" rating in a research report on Monday, August 24th. Finally, Jefferies Financial Group set a C$5.20 target price on Denison Mines and gave the stock a "buy" rating in a research report on Thursday, September 3rd. Five analysts have rated the stock with a Buy rating. According to data from MarketBeat, Denison Mines presently has a consensus rating of "Buy" and a consensus price target of C$5.94.

Denison Mines Trading Down 1.3%

The business's 50-day moving average price is C$4.05 and its 200 day moving average price is C$4.42. The company has a debt-to-equity ratio of 237.89, a current ratio of 9.41 and a quick ratio of 3.12. The firm has a market capitalization of C$2.72 billion, a price-to-earnings ratio of -9.71, a PEG ratio of 1.42 and a beta of 2.07.

Denison Mines (TSE:DML - Get Free Report) NYSE: DNN last released its quarterly earnings results on Wednesday, August 12th. The company reported C($0.03) earnings per share for the quarter. The firm had revenue of C$0.72 million for the quarter. Denison Mines had a negative net margin of 6,732.67% and a negative return on equity of 83.49%. On average, equities analysts forecast that Denison Mines Corp. will post -0.01 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Denison Mines news, Director Laurie Sterritt sold 23,000 shares of the company's stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of C$5.22, for a total value of C$120,060.00. 0.31% of the stock is owned by corporate insiders.

About Denison Mines

Denison Mines Corp. is a Canadian uranium exploration company operating in northern Saskatchewan. The portfolio comprises roughly 237,000 ha across multiple underexplored 100% owned and Cosa-operated joint venture projects in the Athabasca Basin region, the majority of which reside within or adjacent to established uranium corridors. In January of 2025, the Company entered a transformative strategic collaboration with Denison Mines TSX: DML (NYSE American: DNN) that has secured access to several additional highly prospective eastern Athabasca uranium exploration projects.

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