TD Securities Cuts Denison Mines (TSE:DML) Price Target to C$0.50

Denison Mines (TSE:DML) (NYSE:DNN) had its price objective cut by TD Securities from C$0.75 to C$0.50 in a report issued on Monday, BayStreet.CA reports. They currently have a hold rating on the stock.

Separately, BMO Capital Markets lowered their price target on shares of Denison Mines from C$0.70 to C$0.60 in a report on Tuesday, December 17th.

Denison Mines stock opened at C$0.31 on Monday. The company’s fifty day simple moving average is C$0.43 and its 200-day simple moving average is C$0.54. The company has a quick ratio of 0.82, a current ratio of 1.11 and a debt-to-equity ratio of 0.48. Denison Mines has a 12 month low of C$0.24 and a 12 month high of C$0.78. The stock has a market cap of $191.10 million and a P/E ratio of -10.00.

About Denison Mines

Denison Mines Corp. operates as a uranium exploration and development company with focuses in the Athabasca Basin region of northern Saskatchewan, Canada. Its projects primarily includes the Wheeler River, the Waterbury, the Midwest, the McClean Lake and Mill, and the Hook-Carter that covers approximately 320,000 hectares in the Athabasca Basin region.

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