Denison Mines (TSE:DML) Share Price Passes Below 200 Day Moving Average – Here’s Why

Denison Mines Corp. (TSE:DML) (NYSE:DNN)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.79 and traded as low as C$4.47. Denison Mines shares last traded at C$4.48, with a volume of 1,871,576 shares trading hands.

Analyst Upgrades and Downgrades

DML has been the subject of several research analyst reports. Royal Bank Of Canada set a C$6.00 target price on Denison Mines and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. Ventum Financial set a C$5.50 price target on Denison Mines and gave the company a “buy” rating in a research note on Monday, August 24th. Finally, Jefferies Financial Group set a C$5.20 price objective on shares of Denison Mines and gave the company a “buy” rating in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$5.94.

Denison Mines Stock Performance

The company has a market cap of C$4.25 billion, a P/E ratio of -15.13, a price-to-earnings-growth ratio of 1.42 and a beta of 1.28. The company has a quick ratio of 3.12, a current ratio of 9.41 and a debt-to-equity ratio of 237.89. The stock has a 50 day moving average price of C$4.41 and a two-hundred day moving average price of C$4.78.

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

Insider Activity at Denison Mines

In related news, Director Laurie Sterritt sold 23,000 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of C$5.22, for a total transaction of C$120,060.00. Insiders have sold 43,000 shares of company stock valued at $207,912 in the last 90 days. Corporate 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.