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.

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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.

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