National Bankshares Analysts Give Denison Mines (TSE:DML) a C$3.75 Price Target

by · The Cerbat Gem

National Bankshares set a C$3.75 price target on Denison Mines (TSE:DML – Free Report) (NYSE:DNN) in a research report sent to investors on Tuesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other research firms also recently weighed in on DML. Raymond James Financial dropped their target price on shares of Denison Mines from C$3.90 to C$3.70 and set an “outperform” rating for the company in a report on Monday, March 17th. Scotiabank lowered their price target on Denison Mines from C$4.75 to C$3.75 and set an “outperform” rating for the company in a research report on Tuesday, March 25th. Finally, Desjardins upgraded Denison Mines to a “moderate buy” rating in a report on Thursday, April 3rd. Five analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, Denison Mines has a consensus rating of “Buy” and a consensus target price of C$3.49.

View Our Latest Stock Analysis on Denison Mines

Denison Mines Price Performance

Shares of DML opened at C$2.51 on Tuesday. The firm has a 50-day simple moving average of C$2.17 and a two-hundred day simple moving average of C$2.31. The stock has a market cap of C$2.27 billion, a PE ratio of -83.54, a P/E/G ratio of 1.42 and a beta of 1.89. Denison Mines has a 1-year low of C$1.58 and a 1-year high of C$3.45.

About Denison Mines

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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.

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