Denison Mines (TSE:DML) Hits New 52-Week Low – Here’s What Happened

Denison Mines Corp. (TSE:DML) (NYSE:DNN) shares hit a new 52-week low on Monday. The company traded as low as C$2.95 and last traded at C$2.96, with a volume of 2,046,719 shares trading hands. The stock had previously closed at C$3.07.

Analyst Upgrades and Downgrades

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

Denison Mines Price Performance

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 stock has a market capitalization of C$2.67 billion, a PE ratio of -9.52, a PEG ratio of 1.42 and a beta of 2.14. The business has a fifty day moving average price of C$3.78 and a 200-day moving average price of C$4.58.

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. Denison Mines had a negative net margin of 6,732.67% and a negative return on equity of 83.49%. Research analysts expect that Denison Mines Corp. will post -0.01 EPS for the current fiscal year.

Insider Transactions at Denison Mines

In other Denison Mines news, Director Laurie Sterritt sold 23,000 shares of the 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. 0.31% of the stock is currently owned by corporate insiders.

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.