Denison Mines (TSE:DML) PT Set at C$3.50 by National Bankshares

National Bankshares set a C$3.50 target price on Denison Mines (TSE:DML) (NYSE:DNN) in a report released on Wednesday, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other research firms have also commented on DML. Roth Capital raised Denison Mines to a strong-buy rating in a report on Thursday, June 27th. Scotiabank set a C$3.75 price objective on Denison Mines and gave the stock an outperform rating in a research report on Tuesday, July 2nd. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Denison Mines presently has a consensus rating of Buy and an average target price of C$3.28.

Denison Mines Stock Down 4.0 %

TSE:DML opened at C$1.94 on Wednesday. The firm has a market capitalization of C$1.73 billion, a PE ratio of 32.33, a price-to-earnings-growth ratio of 1.42 and a beta of 1.90. The stock has a 50 day moving average of C$2.45 and a 200-day moving average of C$2.67. Denison Mines has a 52 week low of C$1.89 and a 52 week high of C$3.37. 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 posted its earnings results on Thursday, August 8th. The company reported C($0.02) EPS for the quarter, meeting the consensus estimate of C($0.02). The company had revenue of C$1.33 million during the quarter, compared to analyst estimates of C$1.10 million. Denison Mines had a return on equity of 10.60% and a net margin of 1,412.07%. Analysts predict that Denison Mines will post -0.01 EPS for the current year.

About Denison Mines

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.