Shares of Denison Mines Corp. (TSE:DML - Get Free Report) NYSE: DNN crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.68 and traded as high as C$2.76. Denison Mines shares last traded at C$2.49, with a volume of 5,824,672 shares changing hands.
Wall Street Analyst Weigh In
DML has been the subject of several recent research reports. Scotiabank increased their price objective on shares of Denison Mines from C$4.00 to C$4.50 in a research report on Monday, November 25th. National Bankshares raised their target price on Denison Mines from C$3.50 to C$4.15 and gave the company an "outperform" rating in a report on Thursday, October 24th. Finally, Raymond James upped their price target on Denison Mines from C$3.50 to C$3.90 in a report on Friday, November 22nd. Five research analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of C$3.76.
Check Out Our Latest Report on DML
Denison Mines Stock Performance
The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.12 and a current ratio of 6.94. The company has a market capitalization of C$2.28 billion, a PE ratio of 42.67, a PEG ratio of 1.42 and a beta of 1.89. The company has a 50 day moving average price of C$2.94 and a 200 day moving average price of C$2.67.
Denison Mines (TSE:DML - Get Free Report) NYSE: DNN last posted its quarterly earnings data 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%. Equities analysts forecast that Denison Mines Corp. will post -0.01 EPS for the current year.
Insider Activity at Denison Mines
In other Denison Mines news, Senior Officer Andrew Alan Yackulic sold 45,500 shares of the firm's stock in a transaction dated Monday, November 11th. The shares were sold at an average price of C$2.84, for a total value of C$129,124.45. 0.31% of the stock is owned by corporate insiders.
Denison Mines Company Profile
(
Get Free Report)
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.
Read More
Before you consider Denison Mines, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Denison Mines wasn't on the list.
While Denison Mines currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
