Denison Mines Corp. (TSE:DML) Given Consensus Rating of "Buy" by Analysts

Denison Mines Corp. (TSE:DML - Get Free Report) NYSE: DNN has been given a consensus rating of "Buy" by the eight research firms that are currently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a buy recommendation and three have given a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$3.57.

A number of brokerages have recently weighed in on DML. BMO Capital Markets upgraded shares of 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. Cibc World Mkts upgraded shares of Denison Mines to a "strong-buy" rating in a report on Thursday, September 26th. National Bank Financial upgraded shares of Denison Mines to a "strong-buy" rating in a report on Tuesday, September 3rd. CIBC set a C$3.25 price objective on shares of Denison Mines and gave the stock an "outperform" rating in a report on Thursday, September 26th. Finally, National Bankshares boosted their price objective on shares of Denison Mines from C$3.50 to C$4.15 and gave the stock an "outperform" rating in a report on Thursday.

Denison Mines Price Performance

Denison Mines has a 1 year low of C$1.91 and a 1 year high of C$3.37. The company has a market capitalization of C$2.70 billion, a price-to-earnings ratio of 50.50, a PEG ratio of 1.42 and a beta of 1.89. The company has a current ratio of 6.94, a quick ratio of 3.12 and a debt-to-equity ratio of 0.07. The company's 50-day moving average is C$2.41 and its 200 day moving average is C$2.66.

Denison Mines (TSE:DML - Get Free Report) NYSE: DNN last announced its earnings results on Thursday, August 8th. The company reported C($0.02) earnings per share (EPS) for the quarter, meeting the consensus estimate of C($0.02). The business had revenue of C$1.33 million during the quarter, compared to analyst estimates of C$1.10 million. Denison Mines had a net margin of 1,412.07% and a return on equity of 10.60%. As a group, research analysts anticipate 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.