Denison Mines - DML Stock Forecast, Price & News

Denison Mines Corp. engages in the acquisition, exploration, development, extraction, processing, selling of, and investing in uranium properties in Canada. Its flagship project is the 95% interest owned Wheeler River uranium project 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. in December 2006. Denison Mines Corp. was founded in 1997 and is headquartered in Toronto, Canada.

Denison Mines Trading Down 0.6 %

Denison Mines stock traded down C$0.01 during trading hours on Friday, reaching C$1.54. The stock had a trading volume of 1,011,492 shares, compared to its average volume of 3,210,115. The stock has a market cap of C$1.26 billion and a PE ratio of 25.67. The company has a fifty day simple moving average of C$1.42 and a 200-day simple moving average of C$1.65. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.89 and a quick ratio of 3.69. Denison Mines has a 52 week low of C$1.19 and a 52 week high of C$2.64.

Denison Mines (TSE:DML - Get Rating) (NYSE:DNN) last announced its quarterly earnings results on Thursday, August 4th. The company reported C($0.02) EPS for the quarter, missing analysts' consensus estimates of C($0.01) by C($0.01). The company had revenue of C$6.80 million during the quarter. Analysts forecast that Denison Mines will post -0.02 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. TD Securities raised shares of Denison Mines from a "hold" rating to a "buy" rating and set a C$2.50 price objective for the company in a research note on Friday, May 27th. Raymond James decreased their price target on shares of Denison Mines from C$2.80 to C$2.60 and set an "outperform" rating on the stock in a report on Tuesday, July 19th.

Insider Transactions at Denison Mines

In other news, Senior Officer David Lionel Bronkhorst sold 135,000 shares of the stock in a transaction that occurred on Friday, June 24th. The shares were sold at an average price of C$1.35, for a total transaction of C$181,710.00. Following the sale, the insider now owns 400 shares in the company, valued at C$538.40.