Raymond James Boosts Denison Mines (TSE:DML) Price Target to C$3.50

Denison Mines (TSE:DML - Get Free Report) NYSE: DNN had its price target lifted by research analysts at Raymond James from C$3.00 to C$3.50 in a research note issued on Tuesday, BayStreet.CA reports. Raymond James' price target points to a potential upside of 28.68% from the company's current price.

Separately, TD Securities raised their target price on shares of Denison Mines from C$3.50 to C$3.75 and gave the stock a "speculative buy" rating in a report on Monday, March 4th.

Read Our Latest Report on Denison Mines

Denison Mines Trading Down 1.1 %

Shares of Denison Mines stock traded down C$0.03 on Tuesday, hitting C$2.72. The stock had a trading volume of 1,049,256 shares, compared to its average volume of 1,804,648. The company has a quick ratio of 3.12, a current ratio of 8.28 and a debt-to-equity ratio of 0.07. Denison Mines has a one year low of C$1.36 and a one year high of C$3.08. The stock has a market cap of C$2.43 billion, a price-to-earnings ratio of 27.20, a PEG ratio of 1.42 and a beta of 1.90. The stock's 50-day simple moving average is C$2.64 and its two-hundred day simple moving average is C$2.48.


Denison Mines (TSE:DML - Get Free Report) NYSE: DNN last issued its earnings results on Thursday, February 29th. The company reported C$0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of C($0.02) by C$0.06. Denison Mines had a net margin of 4,871.97% and a return on equity of 16.58%. The firm had revenue of C$1.09 million for the quarter. As a group, sell-side analysts predict that Denison Mines will post -0.01 EPS for the current year.

About Denison Mines

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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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