Denison Mines (TSE:DML) Raised to “Speculative Buy” at TD Securities
TD Securities upgraded shares of Denison Mines (TSE:DML) (NYSE:DNN) from a hold rating to a speculative buy rating in a research report released on Thursday morning, Anlyst Ratings reports. The brokerage currently has C$0.85 price target on the stock.
Separately, BMO Capital Markets boosted their price target on Denison Mines from C$0.35 to C$0.50 in a research note on Thursday, June 25th.
TSE:DML opened at C$0.46 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.36 and a current ratio of 2.72. Denison Mines has a one year low of C$0.24 and a one year high of C$0.75. The business’s 50-day simple moving average is C$0.58 and its 200 day simple moving average is C$0.55. The stock has a market cap of $287.99 million and a price-to-earnings ratio of -17.69.
Denison Mines Corp. operates as a uranium exploration and development company with focuses in the Athabasca Basin region of northern Saskatchewan, Canada. Its projects primarily includes the Wheeler River, the Waterbury, the Midwest, the McClean Lake and Mill, and the Hook-Carter that covers approximately 320,000 hectares in the Athabasca Basin region.
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