Denison Mines (TSE:DML) Given New C$5.00 Price Target at Royal Bank Of Canada

Denison Mines (TSE:DML) (NYSE:DNN) had its price target lowered by investment analysts at Royal Bank Of Canada from C$6.00 to C$5.00 in a note issued to investors on Monday, BayStreet reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada‘s target price would indicate a potential upside of 50.60% from the company’s previous close.

DML has been the topic of a number of other research reports. Jefferies Financial Group set a C$5.20 target price on Denison Mines and gave the company a “buy” rating in a research report on Thursday, September 3rd. Ventum Financial set a C$5.50 target price on shares of Denison Mines and gave the stock a “buy” rating in a report on Monday, August 24th. Finally, National Bank Financial set a C$6.50 price target on shares of Denison Mines and gave the company an “outperform” rating in a research note on Monday, September 21st. Five research analysts have rated the stock with a Buy rating. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$5.74.

Denison Mines Price Performance

Shares of Denison Mines stock traded up C$0.23 during trading on Monday, reaching C$3.32. 3,195,337 shares of the company’s stock were exchanged, compared to its average volume of 3,619,185. The company has a debt-to-equity ratio of 86.54, a quick ratio of 3.12 and a current ratio of 4.67. Denison Mines has a 1-year low of C$2.71 and a 1-year high of C$6.04. The company has a market cap of C$3.01 billion, a P/E ratio of -55.33, a PEG ratio of 1.42 and a beta of 2.14. The firm’s 50-day moving average price is C$3.70 and its 200 day moving average price is C$4.56.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its quarterly earnings data on Wednesday, November 4th. The company reported C($0.03) earnings per share for the quarter. The business had revenue of C$1.05 million for the quarter. Denison Mines had a negative return on equity of 18.23% and a negative net margin of 1,437.10%. As a group, research analysts anticipate that Denison Mines will post -0.01 earnings per share for the current year.

Insider Buying and Selling at Denison Mines

In other Denison Mines news, Director Laurie Sterritt sold 23,000 shares of the business’s stock in a transaction 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.