Raymond James Financial Comments on Denison Mine Q4 Earnings

Key Points

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Denison Mine Corp (NYSEAMERICAN:DNN - Free Report) TSE: DML - Stock analysts at Raymond James Financial issued their Q4 2026 EPS estimates for Denison Mine in a research report issued on Monday, August 18th. Raymond James Financial analyst B. Macarthur expects that the basic materials company will earn ($0.01) per share for the quarter. Raymond James Financial currently has a "Outperform" rating on the stock. The consensus estimate for Denison Mine's current full-year earnings is ($0.06) per share.

Several other research firms also recently issued reports on DNN. National Bankshares restated an "outperform" rating on shares of Denison Mine in a report on Monday. Desjardins upgraded shares of Denison Mine to a "moderate buy" rating in a report on Monday. TD Securities reiterated a "buy" rating on shares of Denison Mine in a report on Monday, August 11th. Finally, Scotiabank reiterated an "outperform" rating on shares of Denison Mine in a report on Thursday, August 7th. Seven research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $3.00.

Denison Mine Stock Up 1.5%

DNN opened at $2.06 on Tuesday. Denison Mine has a 52-week low of $1.08 and a 52-week high of $2.47. The company has a market cap of $1.85 billion, a P/E ratio of -34.33 and a beta of 1.39. The firm's 50-day moving average price is $1.94 and its 200-day moving average price is $1.68.

Institutional Investors Weigh In On Denison Mine

Several hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. purchased a new position in shares of Denison Mine during the 4th quarter valued at approximately $501,000. Geode Capital Management LLC lifted its position in shares of Denison Mine by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 432,019 shares of the basic materials company's stock valued at $792,000 after buying an additional 11,296 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Denison Mine by 35.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 33,633 shares of the basic materials company's stock valued at $61,000 after buying an additional 8,783 shares in the last quarter. Renaissance Technologies LLC purchased a new position in shares of Denison Mine during the 4th quarter valued at approximately $3,543,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Denison Mine during the 4th quarter valued at approximately $102,000. Hedge funds and other institutional investors own 36.74% of the company's stock.

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.

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