Denison Mines Corp. Receives Average Rating of “Buy” from Analysts (TSE:DML)
Denison Mines Corp. (TSE:DML) has received an average recommendation of “Buy” from the eight analysts that are presently covering the stock, StockRatingsNetwork reports. Four analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$2.02.
Denison Mines Corp. (TSE:DML) opened at 1.40 on Thursday. Denison Mines Corp. has a 52-week low of $1.01 and a 52-week 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 $694.7 million.
Denison Mines Corp. (TSE:DML) last posted its quarterly earnings results on Monday, August 11th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.01. Analysts expect that Denison Mines Corp. will post $-0.05 EPS for the current fiscal year.
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, August 13th. 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.
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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