Denison Mines (TSE:DML) Given New C$4.15 Price Target at National Bankshares

Denison Mines (TSE:DML - Get Free Report) NYSE: DNN had its price target boosted by equities researchers at National Bankshares from C$3.50 to C$4.15 in a report released on Thursday, BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price target would suggest a potential upside of 36.96% from the company's current price.

Several other equities research analysts have also recently commented on DML. CIBC set a C$3.25 target price on Denison Mines and gave the company an "outperform" rating in a research note on Thursday, September 26th. Scotiabank set a C$3.75 target price on shares of Denison Mines and gave the stock an "outperform" rating in a report on Tuesday, July 2nd. Roth Capital upgraded shares of Denison Mines to a "strong-buy" rating in a research note on Thursday, June 27th. National Bank Financial raised shares of Denison Mines to a "strong-buy" rating in a research report on Tuesday, September 3rd. Finally, BMO Capital Markets upgraded Denison Mines from a "market perform" rating to an "outperform" rating and set a C$3.00 price objective for the company in a report on Wednesday, September 25th. Five analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of C$3.57.

Denison Mines Stock Up 1.0 %

Shares of TSE:DML traded up C$0.03 during midday trading on Thursday, reaching C$3.03. 1,538,884 shares of the company were exchanged, compared to its average volume of 1,966,301. The firm has a market cap of C$2.70 billion, a PE ratio of 50.50, a P/E/G ratio of 1.42 and a beta of 1.89. Denison Mines has a fifty-two week low of C$1.91 and a fifty-two week high of C$3.37. The stock has a fifty day simple moving average of C$2.41 and a two-hundred day simple moving average of C$2.66. The company has a quick ratio of 3.12, a current ratio of 6.94 and a debt-to-equity ratio of 0.07.

Denison Mines (TSE:DML - Get Free Report) NYSE: DNN last released its earnings results on Thursday, August 8th. The company reported C($0.02) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of C($0.02). The firm had revenue of C$1.33 million during the quarter, compared to analysts' expectations of C$1.10 million. Denison Mines had a return on equity of 10.60% and a net margin of 1,412.07%. As a group, sell-side analysts forecast that Denison Mines will post -0.01 earnings per share for the current year.

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.