Denison Mines Corp. (TSE:DML) Given Consensus Rating of “Buy” by Analysts

Shares of Denison Mines Corp. (TSE:DML) (NYSE:DNN) have been given a consensus rating of “Buy” by the eight research firms that are presently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$3.76.

DML has been the topic of a number of research analyst reports. Cibc World Mkts upgraded Denison Mines to a “strong-buy” rating in a report on Thursday, September 26th. Scotiabank upped their price target on Denison Mines from C$4.00 to C$4.50 in a research note on Monday, November 25th. National Bankshares raised their price objective on Denison Mines from C$3.50 to C$4.15 and gave the company an “outperform” rating in a research report on Thursday, October 24th. CIBC set a C$3.25 target price on shares of Denison Mines and gave the stock an “outperform” rating in a research report on Thursday, September 26th. Finally, BMO Capital Markets raised shares of Denison Mines from a “market perform” rating to an “outperform” rating and set a C$3.00 price target for the company in a research report on Wednesday, September 25th.

Insider Buying and Selling at Denison Mines

In other news, Senior Officer Andrew Alan Yackulic sold 45,500 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of C$2.84, for a total value of C$129,124.45. 0.31% of the stock is owned by company insiders.

Denison Mines Stock Down 0.7 %

Shares of TSE DML opened at C$2.81 on Tuesday. The firm has a fifty day simple moving average of C$2.98 and a two-hundred day simple moving average of C$2.68. The firm has a market capitalization of C$2.51 billion, a PE ratio of 46.83, a price-to-earnings-growth ratio of 1.42 and a beta of 1.89. The company has a current ratio of 6.94, a quick ratio of 3.12 and a debt-to-equity ratio of 0.07. Denison Mines has a 12 month low of C$1.91 and a 12 month high of C$3.45.

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.