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Laurentian started coverage on shares of Denison Mines Corp. (TSE:DML) in a research note issued on Friday. The firm set a “buy” rating and a C$1.90 price target on the stock. Laurentian’s price objective suggests a potential upside of 31.03% from the company’s current price.

Denison Mines Corp. (TSE:DML) traded up 2.84% on Friday, hitting $1.45. 774,769 shares of the company’s stock traded hands. Denison Mines Corp. has a 1-year low of $1.01 and a 1-year high of $1.95. The stock’s 50-day moving average is $1.35 and its 200-day moving average is $1.48. The company’s market cap is $703.7 million.

Denison Mines Corp. (TSE:DML) last announced its earnings results on Monday, May 12th. The company reported ($0.03) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.01) by $0.02. On average, analysts predict that Denison Mines Corp. will post $-0.05 earnings per share for the current fiscal year.

DML has been the subject of a number of other recent research reports. Analysts at Paradigm Capital raised their price target on shares of Denison Mines Corp. from C$2.25 to C$2.30 in a research note on Monday, June 23rd. They now have a “buy” rating on the stock. Separately, analysts at Raymond James cut their price target on shares of Denison Mines Corp. from C$2.30 to C$2.00 in a research note on Thursday, June 19th. They now have an “outperform” rating on the stock. Finally, analysts at Scotiabank raised their price target on shares of Denison Mines Corp. from C$2.10 to C$2.15 in a research note on Wednesday, June 18th. They now have an “outperform” rating on the stock. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Denison Mines Corp. currently has a consensus rating of “Buy” and an average target price of C$2.02.

Denison Mines Corp. (TSE:DML) is engaged in uranium exploration, development, mining and milling with uranium mining projects in both the United States and Canada and development projects in Canada, the United States, Zambia and Mongolia.

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