Denison Mines (TSE:DML) Issues Earnings Results

Denison Mines (TSE:DML) (NYSE:DNN) announced its quarterly earnings results on Wednesday. The company reported C($0.03) earnings per share (EPS) for the quarter, FiscalAI reports. Denison Mines had a negative return on equity of 83.49% and a negative net margin of 6,732.67%.

Denison Mines Price Performance

TSE:DML traded down C$0.01 during trading hours on Wednesday, hitting C$2.95. 3,826,741 shares of the stock were exchanged, compared to its average volume of 3,606,059. Denison Mines has a 52-week low of C$2.80 and a 52-week high of C$6.04. The firm’s fifty day moving average price is C$3.83 and its 200 day moving average price is C$4.59. The company has a current ratio of 9.41, a quick ratio of 3.12 and a debt-to-equity ratio of 237.89. The company has a market cap of C$2.67 billion, a P/E ratio of -9.52, a P/E/G ratio of 1.42 and a beta of 2.14.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Denison Mines

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 stock was sold at an average price of C$5.22, for a total transaction of C$120,060.00. 0.31% of the stock is currently owned by company insiders.

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.