Denison Mines Corp. (TSE:DML - Get Free Report) NYSE: DNN shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.39 and traded as high as C$2.66. Denison Mines shares last traded at C$2.64, with a volume of 573,096 shares traded.
Analyst Ratings Changes
A number of brokerages recently issued reports on DML. TD Securities raised their price target on Denison Mines from C$3.50 to C$3.75 and gave the stock a "speculative buy" rating in a research report on Monday, March 4th. Raymond James lifted their target price on Denison Mines from C$2.90 to C$3.00 in a research report on Monday, March 4th.
Check Out Our Latest Stock Report on DML
Denison Mines Stock Performance
The stock has a market cap of C$2.36 billion, a PE ratio of 38.00, a price-to-earnings-growth ratio of 1.42 and a beta of 1.90. The company has a quick ratio of 3.12, a current ratio of 8.28 and a debt-to-equity ratio of 0.07. The firm has a 50 day moving average price of C$2.59 and a 200 day moving average price of C$2.39.
Denison Mines (TSE:DML - Get Free Report) NYSE: DNN last posted its earnings results on Thursday, February 29th. The company reported C$0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of C($0.02) by C$0.06. Denison Mines had a return on equity of 16.58% and a net margin of 4,871.97%. The company had revenue of C$1.09 million for the quarter. As a group, research analysts forecast that Denison Mines Corp. will post -0.01 earnings per share 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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