Denison Mines Corp. (TSE:DML) Receives Consensus Rating of "Buy" from Analysts

Shares of Denison Mines Corp. (TSE:DML - Get Free Report) NYSE: DNN have been assigned a consensus recommendation of "Buy" from the eight ratings firms that are presently covering the firm, MarketBeat.com 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 1-year price target among analysts that have updated their coverage on the stock in the last year is C$3.76.

Several analysts recently weighed in on DML shares. National Bankshares lifted their target price on shares of Denison Mines from C$3.50 to C$4.15 and gave the company an "outperform" rating in a report on Thursday, October 24th. Raymond James lifted their price objective on Denison Mines from C$3.50 to C$3.90 in a research note on Friday, November 22nd. Finally, Scotiabank raised their target price on Denison Mines from C$4.00 to C$4.50 in a report on Monday, November 25th.

Insider Activity

In other news, Senior Officer Andrew Alan Yackulic sold 45,500 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of C$2.84, for a total transaction of C$129,124.45. Corporate insiders own 0.31% of the company's stock.

Denison Mines Trading Up 4.3 %

Shares of Denison Mines stock traded up C$0.11 during trading hours on Friday, hitting C$2.65. The company's stock had a trading volume of 1,705,462 shares, compared to its average volume of 2,316,593. The stock has a market cap of C$2.36 billion, a price-to-earnings ratio of 44.17, a P/E/G ratio of 1.42 and a beta of 1.89. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.12 and a current ratio of 6.94. Denison Mines has a twelve month low of C$1.91 and a twelve month high of C$3.45. The firm has a fifty day moving average of C$2.89 and a 200-day moving average of C$2.67.

Denison Mines (TSE:DML - Get Free Report) NYSE: DNN last posted its earnings results on Thursday, November 7th. The company reported C($0.03) EPS for the quarter, missing analysts' consensus estimates of C($0.02) by C($0.01). Denison Mines had a net margin of 1,412.07% and a return on equity of 10.60%. Research analysts forecast 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.