Denison Mines (TSE:DML) Stock Price Target Lowered at Royal Bank Of Canada

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

Several other research firms have also recently weighed in on DML. 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. National Bank Financial set a C$6.50 price objective on Denison Mines and gave the company an “outperform” rating in a report on Monday, September 21st. Finally, Ventum Financial set a C$5.50 price objective on Denison Mines and gave the stock a “buy” rating in a research report on Monday, August 24th. Five analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Denison Mines presently has an average rating of “Buy” and a consensus target price of C$5.74.

Denison Mines Stock Performance

Shares of TSE:DML traded up C$0.23 during trading on Monday, reaching C$3.32. 3,195,337 shares of the stock were exchanged, compared to its average volume of 3,619,185. Denison Mines has a 12 month low of C$2.71 and a 12 month high of C$6.04. The firm has a market cap of C$3.01 billion, a PE ratio of -55.33, a PEG ratio of 1.42 and a beta of 2.14. The stock has a 50-day moving average price of C$3.70 and a 200-day moving average price of C$4.56. The company has a current ratio of 4.67, a quick ratio of 3.12 and a debt-to-equity ratio of 86.54.

Denison Mines (TSE:DML) (NYSE:DNN) last posted its earnings results on Wednesday, November 4th. The company reported C($0.03) EPS for the quarter. The firm had revenue of C$1.05 million during the quarter. Denison Mines had a negative net margin of 1,437.10% and a negative return on equity of 18.23%. Research analysts expect that Denison Mines will post -0.01 EPS for the current fiscal year.

Insider Buying and Selling at Denison Mines

In other news, Director Laurie Sterritt sold 23,000 shares of the company’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. Company 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.