National Bankshares Cuts Denison Mines (TSE:DML) Price Target to C$4.15

Denison Mines (TSE:DML) (NYSE:DNN) had its price target reduced by National Bankshares from C$4.30 to C$4.15 in a report issued on Monday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other equities analysts have also issued reports about the company. Scotiabank lifted their price objective on Denison Mines from C$4.00 to C$4.50 in a research note on Monday, November 25th. Raymond James upped their target price on Denison Mines from C$3.50 to C$3.90 in a research report on Friday, November 22nd. Five investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Denison Mines presently has an average rating of “Buy” and an average price target of C$3.72.

Denison Mines Price Performance

TSE DML opened at C$2.11 on Monday. The firm has a market capitalization of C$1.91 billion, a P/E ratio of -70.23, a P/E/G ratio of 1.42 and a beta of 1.89. Denison Mines has a 1-year low of C$1.85 and a 1-year high of C$3.45. The business’s 50-day simple moving average is C$2.41 and its 200-day simple moving average is C$2.64.

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.