Q1 EPS Estimates for Denison Mines Lowered by Roth Capital

Denison Mines Corp. (NYSEAMERICAN:DNN - Free Report) TSE: DML - Equities researchers at Roth Capital lowered their Q1 2025 EPS estimates for Denison Mines in a research note issued to investors on Wednesday, March 26th. Roth Capital analyst J. Reagor now forecasts that the basic materials company will earn ($0.02) per share for the quarter, down from their prior estimate of ($0.01). The consensus estimate for Denison Mines' current full-year earnings is ($0.06) per share. Roth Capital also issued estimates for Denison Mines' Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.02) EPS, FY2025 earnings at ($0.08) EPS and FY2026 earnings at ($0.06) EPS.

Separately, Scotiabank restated an "outperform" rating on shares of Denison Mines in a report on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, four have given a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Denison Mines currently has an average rating of "Buy" and an average price target of $3.00.

Denison Mines Stock Performance

Shares of NYSEAMERICAN DNN remained flat at $1.30 during mid-day trading on Friday. 79,499,792 shares of the stock traded hands, compared to its average volume of 26,265,064. The firm's fifty day moving average price is $1.65 and its two-hundred day moving average price is $1.90. Denison Mines has a 12 month low of $1.27 and a 12 month high of $2.47. The firm has a market cap of $1.16 billion, a P/E ratio of -130.00 and a beta of 1.75.

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Hedge Funds Weigh In On Denison Mines

A number of large investors have recently added to or reduced their stakes in DNN. Polar Asset Management Partners Inc. purchased a new position in Denison Mines in the 4th quarter worth approximately $1,939,000. Mackenzie Financial Corp increased its stake in shares of Denison Mines by 3.9% in the fourth quarter. Mackenzie Financial Corp now owns 450,247 shares of the basic materials company's stock worth $817,000 after buying an additional 17,087 shares during the period. Two Sigma Investments LP increased its stake in shares of Denison Mines by 2.9% in the fourth quarter. Two Sigma Investments LP now owns 586,371 shares of the basic materials company's stock worth $1,055,000 after buying an additional 16,310 shares during the period. Point72 Asset Management L.P. raised its holdings in Denison Mines by 5.8% during the 4th quarter. Point72 Asset Management L.P. now owns 10,165,800 shares of the basic materials company's stock valued at $18,298,000 after buying an additional 558,200 shares during the last quarter. Finally, Millennium Management LLC boosted its position in Denison Mines by 393.3% during the 4th quarter. Millennium Management LLC now owns 5,122,978 shares of the basic materials company's stock valued at $9,221,000 after buying an additional 4,084,401 shares during the period. Hedge funds and other institutional investors own 36.74% of the company's stock.

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.