Denison Mines (TSE:DML) PT Raised to C$4.15 at National Bankshares

Denison Mines (TSE:DML) (NYSE:DNN) had its price objective increased by National Bankshares from C$3.50 to C$4.15 in a research report report published on Thursday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Other analysts have also issued reports about the stock. Scotiabank set a C$3.75 price target on shares of Denison Mines and gave the company an “outperform” rating in a research report on Tuesday, July 2nd. CIBC set a C$3.25 price target on shares of Denison Mines and gave the stock an “outperform” rating in a report on Thursday, September 26th. Roth Capital upgraded Denison Mines to a “strong-buy” rating in a report on Thursday, June 27th. BMO Capital Markets raised Denison Mines from a “market perform” rating to an “outperform” rating and set a C$3.00 price target for the company in a report on Wednesday, September 25th. Finally, National Bank Financial raised Denison Mines to a “strong-buy” rating in a report on Tuesday, September 3rd. Five research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$3.57.

Denison Mines Trading Up 1.0 %

Shares of DML opened at C$3.03 on Thursday. Denison Mines has a twelve month low of C$1.91 and a twelve month high of C$3.37. The company’s fifty day simple moving average is C$2.41 and its 200-day simple moving average is C$2.66. The company has a market cap of C$2.70 billion, a P/E ratio of 50.50, a P/E/G ratio of 1.42 and a beta of 1.89. The company has a current ratio of 6.94, a quick ratio of 3.12 and a debt-to-equity ratio of 0.07.

Denison Mines (TSE:DML) (NYSE:DNN) last issued its quarterly earnings data on Thursday, August 8th. The company reported C($0.02) earnings per share (EPS) for the quarter, meeting the consensus estimate of C($0.02). The company had revenue of C$1.33 million for the quarter, compared to analyst estimates of C$1.10 million. Denison Mines had a net margin of 1,412.07% and a return on equity of 10.60%. As a group, analysts expect that Denison Mines will post -0.01 EPS for the current year.

Denison Mines 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.