Denison Mines (TSE:DML) Upgraded at Roth Capital

Roth Capital upgraded shares of Denison Mines (TSE:DML) (NYSE:DNN) to a strong-buy rating in a research report report published on Thursday, Zacks.com reports. Roth Capital also issued estimates for Denison Mines’ Q2 2024 earnings at ($0.02) EPS, Q3 2024 earnings at ($0.02) EPS, Q4 2024 earnings at ($0.02) EPS and FY2024 earnings at ($0.08) EPS.

A number of other research firms have also issued reports on DML. TD Securities lifted their target price on Denison Mines from C$3.50 to C$3.75 and gave the company a speculative buy rating in a report on Monday, March 4th. Raymond James raised their price objective on shares of Denison Mines from C$3.00 to C$3.50 in a report on Tuesday, April 23rd.

Denison Mines Stock Performance

TSE DML opened at C$2.74 on Thursday. The company has a market cap of C$2.44 billion, a P/E ratio of 34.25, a P/E/G ratio of 1.42 and a beta of 1.89. Denison Mines has a 1-year low of C$1.54 and a 1-year high of C$3.37. The company has a debt-to-equity ratio of 0.07, a current ratio of 6.68 and a quick ratio of 3.12. The stock has a 50-day moving average of C$2.92 and a two-hundred day moving average of C$2.70.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its earnings results on Wednesday, May 8th. The company reported C($0.02) earnings per share for the quarter, missing the consensus estimate of C($0.01) by C($0.01). The business had revenue of C$0.83 million for the quarter. Denison Mines had a return on equity of 13.47% and a net margin of 1,986.78%. As a group, analysts anticipate that Denison Mines will post -0.01 EPS for the current year.

About Denison Mines

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.