Denison Mines (TSE:DML) Given a C$6.50 Price Target at National Bank Financial

Denison Mines (TSE:DML) (NYSE:DNN) has been given a C$6.50 price objective by equities researchers at National Bank Financial in a research report issued to clients and investors on Monday, BayStreet reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price target suggests a potential upside of 60.89% from the stock’s previous close.

DML has been the topic of several other reports. Royal Bank Of Canada set a C$6.00 price target on shares of Denison Mines and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. Jefferies Financial Group set a C$5.20 target price on Denison Mines and gave the stock a “buy” rating in a report on Thursday, September 3rd. Finally, Ventum Financial set a C$5.50 price objective on Denison Mines and gave the stock a “buy” rating in a research note on Monday, August 24th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$5.94.

Denison Mines Stock Up 1.5%

DML stock traded up C$0.06 during trading hours on Monday, reaching C$4.04. 1,685,754 shares of the stock were exchanged, compared to its average volume of 3,572,429. The firm’s 50-day moving average is C$4.38 and its 200-day moving average is C$4.68. Denison Mines has a 12 month low of C$3.12 and a 12 month high of C$6.04. The company has a market cap of C$3.66 billion, a price-to-earnings ratio of -13.03, a PEG ratio of 1.42 and a beta of 1.49. The company has a debt-to-equity ratio of 237.89, a current ratio of 9.41 and a quick ratio of 3.12.

Denison Mines (TSE:DML) (NYSE:DNN) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C($0.03) earnings per share for the quarter. Denison Mines had a negative return on equity of 83.49% and a negative net margin of 6,732.67%.The firm had revenue of C$0.72 million for the quarter. On average, equities research analysts expect that Denison Mines will post -0.01 earnings per share for the current year.

Insider Activity

In other news, Director Laurie Sterritt sold 23,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of C$5.22, for a total value of C$120,060.00. Insiders sold 43,000 shares of company stock valued at $207,912 over the last ninety days. Company insiders own 0.31% of the company’s stock.

Denison Mines Company Profile

Denison Mines Corp. is a Canadian uranium exploration company operating in northern Saskatchewan. The portfolio comprises roughly 237,000 ha across multiple underexplored 100% owned and Cosa-operated joint venture projects in the Athabasca Basin region, the majority of which reside within or adjacent to established uranium corridors. In January of 2025, the Company entered a transformative strategic collaboration with Denison Mines (TSX: DML) (NYSE American: DNN) that has secured access to several additional highly prospective eastern Athabasca uranium exploration projects.