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.

Analysts Set New Price Targets

A number of equities research analysts have commented on DML shares. Raymond James decreased their price objective 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. TD Securities raised shares of Denison Mines from a "hold" rating to a "buy" rating and set a C$2.50 price target on the stock in a research note on Friday, May 27th.

Denison Mines Trading Down 0.7 %

Shares of DML traded down C$0.01 during trading hours on Tuesday, hitting C$1.50. 660,276 shares of the stock traded hands, compared to its average volume of 3,178,464. The business has a fifty day moving average of C$1.42 and a 200-day moving average of C$1.65. The firm has a market capitalization of C$1.23 billion and a PE ratio of 25.17. Denison Mines has a 1-year low of C$1.18 and a 1-year high of C$2.64. The company has a current ratio of 3.89, a quick ratio of 3.69 and a debt-to-equity ratio of 0.13.

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

Insider Activity at Denison Mines

In other Denison Mines news, Senior Officer David Lionel Bronkhorst sold 135,000 shares of Denison Mines stock in a transaction 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 completion of the sale, the insider now owns 400 shares of the company's stock, valued at approximately C$538.40.