Denison Mines Corp. (TSE:DML – Get Free Report) (NYSE:DNN) has received an average recommendation of “Buy” from the seven brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$3.28.
A number of analysts have weighed in on the company. Roth Capital upgraded Denison Mines to a “strong-buy” rating in a report on Thursday, June 27th. National Bank Financial upgraded Denison Mines to a “strong-buy” rating in a research note on Tuesday, September 3rd. National Bankshares set a C$3.50 price objective on Denison Mines and gave the company an “outperform” rating in a research report on Wednesday, September 4th. Finally, Scotiabank set a C$3.75 price target on shares of Denison Mines and gave the company an “outperform” rating in a research report on Tuesday, July 2nd.
Check Out Our Latest Stock Analysis on DML
Denison Mines Stock Performance
Denison Mines (TSE:DML – Get Free Report) (NYSE:DNN) last issued its earnings results on Thursday, August 8th. The company reported C($0.02) earnings per share (EPS) for the quarter, hitting the consensus estimate of C($0.02). Denison Mines had a net margin of 1,412.07% and a return on equity of 10.60%. The company had revenue of C$1.33 million for the quarter, compared to analysts’ expectations of C$1.10 million. Analysts predict that Denison Mines will post -0.01 earnings per share for the current year.
Denison Mines Company Profile
Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. Its flagship project is the Wheeler River uranium project covering an area of approximately 300,000 hectares located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp.
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