Denison Mines (TSE:DML) Stock Price Expected to Rise, National Bankshares Analyst Says

Denison Mines (TSE:DML) (NYSE:DNN) had its target price raised by equities researchers at National Bankshares from C$4.50 to C$5.00 in a note issued to investors on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ target price indicates a potential upside of 31.58% from the stock’s previous close.

Denison Mines Price Performance

Shares of Denison Mines stock opened at C$3.80 on Friday. Denison Mines has a one year low of C$1.58 and a one year high of C$4.79. The firm has a market capitalization of C$3.41 billion, a price-to-earnings ratio of -17.27, a PEG ratio of 1.42 and a beta of 1.71. The business has a 50-day simple moving average of C$3.78 and a 200 day simple moving average of C$3.26.

Denison Mines (TSE:DML) (NYSE:DNN) last issued its quarterly earnings results on Friday, November 7th. The company reported C($0.15) EPS for the quarter. The company had revenue of C$1.05 million during the quarter. Denison Mines had a negative return on equity of 4.41% and a net margin of 1,029.20%. On average, sell-side analysts expect that Denison Mines will post -0.01 EPS for the current year.

Denison Mines Company Profile

Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan. The company is also engaged in mine decommissioning and environmental services through its Closed Mines group, which manages its Elliot Lake reclamation projects and provides third-party post-closure mine care and maintenance services.