Denison Mines (TSE:DML) Price Target Lowered to C$3.70 at Raymond James

Denison Mines (TSE:DML) (NYSE:DNN) had its price target decreased by Raymond James from C$3.90 to C$3.70 in a research report released on Monday morning,BayStreet.CA reports. Raymond James currently has an outperform rating on the stock.

A number of other equities analysts have also recently issued reports on DML. National Bankshares dropped their target price on Denison Mines from C$4.30 to C$4.15 and set an “outperform” rating for the company in a report on Monday. Scotiabank increased their target price on Denison Mines from C$4.00 to C$4.50 in a report on Monday, November 25th. Five research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of C$3.72.

Denison Mines Trading Up 1.9 %

Shares of DML opened at C$2.11 on Monday. Denison Mines has a 1 year low of C$1.85 and a 1 year high of C$3.45. The stock has a 50 day simple moving average of C$2.41 and a 200-day simple moving average of C$2.64. The stock has a market cap of C$1.91 billion, a PE ratio of -70.23, a PEG ratio of 1.42 and a beta of 1.89.

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.