Denison Mines Corp (DNN) Given a $1.00 Price Target by Roth Capital Analysts
Denison Mines Corp (NYSEMKT:DNN) (TSE:DML) received a $1.00 target price from stock analysts at Roth Capital in a research note issued on Wednesday. The firm currently has a “buy” rating on the basic materials company’s stock. Roth Capital’s target price points to a potential upside of 132.56% from the stock’s current price.
A number of other analysts have also weighed in on DNN. Zacks Investment Research raised shares of Denison Mines Corp from a “hold” rating to a “buy” rating and set a $0.50 price target for the company in a research note on Monday, July 17th. Credit Suisse Group lowered shares of Denison Mines Corp from a “neutral” rating to an “underperform” rating in a research note on Tuesday, July 18th. Finally, BidaskClub raised shares of Denison Mines Corp from a “strong sell” rating to a “sell” rating in a research note on Wednesday, July 19th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company’s stock. Denison Mines Corp has a consensus rating of “Hold” and an average target price of $0.75.
Denison Mines Corp (DNN) traded up 2.38% during midday trading on Wednesday, hitting $0.43. 229,761 shares of the stock were exchanged. The firm’s 50-day moving average is $0.47 and its 200 day moving average is $0.49. Denison Mines Corp has a 52 week low of $0.37 and a 52 week high of $0.84. The stock’s market cap is $240.41 million.
ILLEGAL ACTIVITY WARNING: This article was first reported by American Banking News and is owned by of American Banking News. If you are accessing this article on another publication, it was illegally copied and republished in violation of international copyright and trademark law. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/10/12/denison-mines-corp-dnn-given-a-1-00-price-target-by-roth-capital-analysts.html.
A number of hedge funds have recently added to or reduced their stakes in the stock. Commerzbank Aktiengesellschaft FI lifted its stake in Denison Mines Corp by 3.6% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 1,470,280 shares of the basic materials company’s stock valued at $648,000 after purchasing an additional 51,000 shares during the last quarter. TD Asset Management Inc. lifted its stake in Denison Mines Corp by 4.1% during the second quarter. TD Asset Management Inc. now owns 540,677 shares of the basic materials company’s stock valued at $433,000 after purchasing an additional 21,515 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in Denison Mines Corp by 60.3% during the second quarter. Russell Investments Group Ltd. now owns 5,606,910 shares of the basic materials company’s stock valued at $2,419,000 after purchasing an additional 2,109,842 shares during the last quarter. Gagnon Securities LLC acquired a new stake in Denison Mines Corp during the second quarter valued at approximately $166,000. Finally, Credit Suisse AG lifted its stake in Denison Mines Corp by 67.7% during the first quarter. Credit Suisse AG now owns 307,750 shares of the basic materials company’s stock valued at $191,000 after purchasing an additional 124,195 shares during the last quarter.
About Denison Mines Corp
Denison Mines Corp. is a uranium exploration and development company. The Company is engaged in the acquisition, exploration and development of uranium properties, extraction, processing and selling of uranium. The Company operates in three segments: the Mining segment, the Environmental Services segment, and the Corporate and Other segment.
Receive News & Ratings for Denison Mines Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Denison Mines Corp and related companies with MarketBeat.com's FREE daily email newsletter.