Denison Mines (TSE:DML) Rating Increased to Moderate Buy at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of Denison Mines (TSE:DML) (NYSE:DNN) to a moderate buy rating in a research report released on Monday morning,Zacks.com reports.

Separately, National Bank Financial boosted their price objective on Denison Mines from C$6.00 to C$6.50 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Three 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 an average price target of C$6.33.

Denison Mines Price Performance

Denison Mines stock opened at C$4.46 on Monday. The company has a market cap of C$4.04 billion, a price-to-earnings ratio of -13.94, a PEG ratio of 1.42 and a beta of 1.29. The firm’s fifty day moving average is C$4.59 and its 200 day moving average is C$4.89. The company has a quick ratio of 3.12, a current ratio of 13.77 and a debt-to-equity ratio of 280.62. Denison Mines has a 52-week low of C$2.46 and a 52-week high of C$6.04.

Denison Mines (TSE:DML) (NYSE:DNN) last posted its earnings results on Tuesday, May 12th. The company reported C($0.13) earnings per share for the quarter. The business had revenue of C$1.11 million during the quarter. Denison Mines had a negative return on equity of 73.67% and a negative net margin of 6,208.50%. Sell-side analysts forecast that Denison Mines will post -0.01 EPS for the current fiscal year.

Insiders Place Their Bets

In other Denison Mines news, Director Laurie Sterritt sold 19,800 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of C$4.39, for a total value of C$86,922.00. 0.31% of the stock is owned by company 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.