Denison Mines (TSE:DML) Hits New 12-Month Low – Here’s What Happened

Denison Mines Corp. (TSE:DML) (NYSE:DNN)’s stock price reached a new 52-week low on Wednesday. The company traded as low as C$3.12 and last traded at C$3.13, with a volume of 2,013,574 shares. The stock had previously closed at C$3.32.

Analysts Set New Price Targets

Several research analysts recently weighed in on DML shares. Royal Bank Of Canada set a C$6.00 price target on Denison Mines and gave the company an “outperform” rating in a research report on Tuesday, July 14th. National Bank Financial set a C$6.50 price target on shares of Denison Mines and gave the stock an “outperform” rating in a research report on Monday, September 21st. Ventum Financial set a C$5.50 target price on Denison Mines and gave the company a “buy” rating in a report on Monday, August 24th. Finally, Jefferies Financial Group set a C$5.20 target price on Denison Mines and gave the company a “buy” rating in a research note on Thursday, September 3rd. Five equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$5.94.

Denison Mines Stock Performance

The company has a debt-to-equity ratio of 237.89, a current ratio of 9.41 and a quick ratio of 3.12. The company has a fifty day moving average of C$4.23 and a two-hundred day moving average of C$4.50. The stock has a market capitalization of C$2.82 billion, a P/E ratio of -10.03, a price-to-earnings-growth ratio of 1.42 and a beta of 2.07.

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

Insider Activity

In related news, Director Laurie Sterritt sold 23,000 shares of the business’s stock in a transaction that occurred on 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 own 0.31% of the company’s stock.

About Denison Mines

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.