Analysts Set Denison Mines Corp. (TSE:DML) Price Target at C$3.76

Shares of Denison Mines Corp. (TSE:DML - Get Free Report) NYSE: DNN have earned a consensus rating of "Buy" from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$3.72.

Several equities research analysts recently weighed in on the stock. National Bankshares dropped their price objective on shares of Denison Mines from C$4.30 to C$4.15 and set an "outperform" rating on the stock in a research note on Monday. Raymond James dropped their price target on shares of Denison Mines from C$3.90 to C$3.70 and set an "outperform" rating on the stock in a research note on Monday. Finally, Scotiabank raised their price target on shares of Denison Mines from C$4.00 to C$4.50 in a research note on Monday, November 25th.

Denison Mines Trading Down 1.4 %

DML traded down C$0.03 on Monday, hitting C$2.14. 873,668 shares of the company's stock were exchanged, compared to its average volume of 2,205,559. The firm has a market cap of C$1.93 billion, a PE ratio of -71.23, a P/E/G ratio of 1.42 and a beta of 1.89. Denison Mines has a twelve month low of C$1.85 and a twelve month high of C$3.45. The stock has a fifty day moving average of C$2.40 and a two-hundred day moving average of C$2.64.

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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.