National Bankshares Has Lowered Expectations for Denison Mines (TSE:DML) Stock Price

Denison Mines (TSE:DML) (NYSE:DNN) had its target price lowered by equities research analysts at National Bankshares from C$5.00 to C$4.85 in a note issued to investors on Monday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ price objective suggests a potential upside of 7.30% from the stock’s previous close.

Denison Mines Stock Up 2.0%

Denison Mines stock opened at C$4.52 on Monday. Denison Mines has a 52 week low of C$1.58 and a 52 week high of C$4.79. The company’s 50 day moving average price is C$3.73 and its two-hundred day moving average price is C$3.40. The stock has a market cap of C$4.06 billion, a P/E ratio of -20.55, a P/E/G ratio of 1.42 and a beta of 1.68.

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

About Denison Mines

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.