Denison Mines Corp (NYSEMKT:DNN) (TSE:DML) has been given a $1.00 target price by investment analysts at Roth Capital in a research report issued to clients and investors on Monday. The firm presently has a “buy” rating on the basic materials company’s stock. Roth Capital’s price objective indicates a potential upside of 117.30% from the company’s previous close.

Several other equities research analysts have also commented on the stock. Zacks Investment Research lowered shares of Denison Mines Corp from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. BidaskClub raised shares of Denison Mines Corp from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 19th. Credit Suisse Group downgraded shares of Denison Mines Corp from a “neutral” rating to an “underperform” rating in a research report on Tuesday, July 18th. Finally, ValuEngine downgraded shares of Denison Mines Corp from a “hold” rating to a “sell” rating in a research report on Friday, June 2nd. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. Denison Mines Corp currently has an average rating of “Hold” and a consensus target price of $1.03.

Shares of Denison Mines Corp (DNN) traded down 1.3082% during midday trading on Monday, reaching $0.4602. 341,800 shares of the company’s stock were exchanged. Denison Mines Corp has a 12-month low of $0.37 and a 12-month high of $0.84. The company’s market cap is $257.29 million. The stock’s 50 day moving average price is $0.46 and its 200 day moving average price is $0.58.

ILLEGAL ACTIVITY NOTICE: “Denison Mines Corp (NYSEMKT:DNN) PT Set at $1.00 by Roth Capital” was published by Daily Political and is the sole property of of Daily Political. If you are viewing this article on another publication, it was illegally copied and reposted in violation of US and international trademark and copyright law. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/08/07/denison-mines-corp-nysemktdnn-pt-set-at-1-00-by-roth-capital.html.

Several hedge funds and other institutional investors have recently modified their holdings of the company. TD Asset Management Inc. increased its stake in Denison Mines Corp by 4.1% in the second quarter. TD Asset Management Inc. now owns 540,677 shares of the basic materials company’s stock valued at $433,000 after buying an additional 21,515 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Denison Mines Corp by 60.3% in the second quarter. Russell Investments Group Ltd. now owns 5,606,910 shares of the basic materials company’s stock valued at $2,419,000 after buying an additional 2,109,842 shares in the last quarter. Gagnon Securities LLC bought a new stake in Denison Mines Corp during the second quarter valued at $166,000. Credit Suisse AG increased its stake in Denison Mines Corp by 67.7% in the first quarter. Credit Suisse AG now owns 307,750 shares of the basic materials company’s stock valued at $191,000 after buying an additional 124,195 shares in the last quarter. Finally, Renaissance Technologies LLC increased its stake in Denison Mines Corp by 318.1% in the first quarter. Renaissance Technologies LLC now owns 519,700 shares of the basic materials company’s stock valued at $321,000 after buying an additional 395,400 shares in the last quarter.

Denison Mines Corp Company Profile

Denison Mines Corp. is a uranium exploration and development company. The Company is engaged in the acquisition, exploration and development of uranium properties, extraction, processing and selling of uranium. The Company operates in three segments: the Mining segment, the Environmental Services segment, and the Corporate and Other segment.

Receive News & Ratings for Denison Mines Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Denison Mines Corp and related companies with MarketBeat.com's FREE daily email newsletter.