Denison Mines (DML) to Release Earnings on Thursday

Denison Mines (TSE:DML) (NYSE:DNN) is scheduled to issue its quarterly earnings data before the market opens on Thursday, August 8th. Analysts expect the company to announce earnings of C($0.02) per share for the quarter.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its quarterly earnings results on Wednesday, May 8th. The company reported C($0.02) EPS for the quarter, missing the consensus estimate of C($0.01) by C($0.01). The company had revenue of C$0.83 million during the quarter. Denison Mines had a net margin of 1,986.78% and a return on equity of 13.47%.

Denison Mines Stock Down 2.7 %

Shares of TSE DML opened at C$2.16 on Wednesday. The business has a fifty day moving average of C$2.83 and a two-hundred day moving average of C$2.76. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.12 and a current ratio of 6.68. Denison Mines has a 52-week low of C$1.66 and a 52-week high of C$3.37. The stock has a market cap of C$1.93 billion, a PE ratio of 27.00, a PEG ratio of 1.42 and a beta of 1.89.

Analysts Set New Price Targets

Several research analysts recently weighed in on DML shares. Scotiabank set a C$3.75 price objective on shares of Denison Mines and gave the stock an “outperform” rating in a research report on Tuesday, July 2nd. Raymond James upped their target price on shares of Denison Mines from C$3.00 to C$3.50 in a research report on Tuesday, April 23rd. Finally, Roth Capital upgraded Denison Mines to a “strong-buy” rating in a research report on Thursday, June 27th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Denison Mines currently has an average rating of “Buy” and a consensus target price of C$3.24.

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.