Denison Mines (TSE:DML) PT Raised to C$3.50 at Raymond James

Denison Mines (TSE:DML) (NYSE:DNN) had its price objective hoisted by Raymond James from C$3.00 to C$3.50 in a note issued to investors on Tuesday, BayStreet.CA reports. Raymond James’ price target would suggest a potential upside of 29.63% from the stock’s previous close.

Separately, TD Securities boosted their price objective on shares of Denison Mines from C$3.50 to C$3.75 and gave the company a “speculative buy” rating in a research report on Monday, March 4th.

Denison Mines Stock Down 0.7 %

Shares of TSE:DML opened at C$2.70 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 8.28 and a quick ratio of 3.12. The business has a 50 day simple moving average of C$2.64 and a two-hundred day simple moving average of C$2.48. Denison Mines has a 1 year low of C$1.37 and a 1 year high of C$3.08. The firm has a market capitalization of C$2.41 billion, a PE ratio of 27.00, a price-to-earnings-growth ratio of 1.42 and a beta of 1.90.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its quarterly earnings data on Thursday, February 29th. The company reported C$0.04 EPS for the quarter, beating the consensus estimate of C($0.02) by C$0.06. Denison Mines had a return on equity of 16.58% and a net margin of 4,871.97%. The company had revenue of C$1.09 million for the quarter. On average, equities analysts predict that Denison Mines will post -0.01 EPS 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.