Denison Mines Corp. Receives Average Recommendation of “Buy” from Brokerages (TSE:DML)
Denison Mines Corp. (TSE:DML) has received an average rating of “Buy” from the eight ratings firms that are currently covering the company, Stock Ratings News reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$2.02.
DML has been the subject of a number of recent research reports. Analysts at BMO Capital Markets reiterated a “market perform” rating on shares of Denison Mines Corp. in a research note on Wednesday. Separately, analysts at Laurentian initiated coverage on shares of Denison Mines Corp. in a research note on Friday, July 25th. They set a “buy” rating and a C$1.90 price target on the stock. Finally, 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.
Shares of Denison Mines Corp. (TSE:DML) traded up 0.71% during mid-day trading on Thursday, hitting $1.41. 765,145 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 $1.39 and its 200-day moving average is $1.48. The company’s market cap is $699.6 million.
Denison Mines Corp. (TSE:DML) last announced its earnings results on Monday, August 11th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.01) by $0.01. On average, analysts predict that Denison Mines Corp. will post $-0.05 earnings per share for the current fiscal year.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.