Roth Capital Decreases Earnings Estimates for Denison Mines

Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) – Equities researchers at Roth Capital dropped their Q1 2025 earnings estimates for shares of Denison Mines in a note issued to investors on Wednesday, March 26th. Roth Capital analyst J. Reagor now expects that the basic materials company will post earnings per share of ($0.02) for the quarter, down from their previous forecast of ($0.01). The consensus estimate for Denison Mines’ current full-year earnings is ($0.06) per share. Roth Capital also issued estimates for Denison Mines’ Q2 2025 earnings at ($0.02) EPS, Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.02) EPS, FY2025 earnings at ($0.08) EPS and FY2026 earnings at ($0.06) EPS.

Denison Mines Trading Down 2.8 %

DNN stock opened at $1.39 on Friday. Denison Mines has a 1-year low of $1.27 and a 1-year high of $2.47. The firm has a market cap of $1.25 billion, a PE ratio of -139.00 and a beta of 1.75. The business’s 50-day moving average price is $1.67 and its two-hundred day moving average price is $1.91.

Institutional Trading of Denison Mines

Several hedge funds have recently bought and sold shares of DNN. Polar Asset Management Partners Inc. acquired a new position in shares of Denison Mines during the fourth quarter worth about $1,939,000. Mackenzie Financial Corp lifted its stake in Denison Mines by 3.9% in the 4th quarter. Mackenzie Financial Corp now owns 450,247 shares of the basic materials company’s stock valued at $817,000 after acquiring an additional 17,087 shares in the last quarter. Two Sigma Investments LP boosted its position in Denison Mines by 2.9% during the 4th quarter. Two Sigma Investments LP now owns 586,371 shares of the basic materials company’s stock worth $1,055,000 after acquiring an additional 16,310 shares during the last quarter. Point72 Asset Management L.P. grew its stake in shares of Denison Mines by 5.8% during the 4th quarter. Point72 Asset Management L.P. now owns 10,165,800 shares of the basic materials company’s stock worth $18,298,000 after acquiring an additional 558,200 shares in the last quarter. Finally, Millennium Management LLC raised its holdings in shares of Denison Mines by 393.3% in the fourth quarter. Millennium Management LLC now owns 5,122,978 shares of the basic materials company’s stock valued at $9,221,000 after purchasing an additional 4,084,401 shares during the last quarter. 36.74% of the stock is currently owned by institutional investors and hedge funds.

About Denison Mines

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.