Raymond James Predicts Denison Mines FY2026 Earnings

Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) – Research analysts at Raymond James issued their FY2026 earnings estimates for shares of Denison Mines in a research note issued on Tuesday, May 13th. Raymond James analyst B. Macarthur forecasts that the basic materials company will post earnings per share of ($0.06) for the year. The consensus estimate for Denison Mines’ current full-year earnings is ($0.06) per share.

Several other brokerages have also recently weighed in on DNN. Desjardins began coverage on Denison Mines in a report on Friday, April 4th. They set a “buy” rating for the company. Scotiabank reiterated an “outperform” rating on shares of Denison Mines in a research report on Tuesday, March 25th. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $3.00.

Denison Mines Trading Down 4.7%

Shares of NYSEAMERICAN:DNN opened at $1.43 on Thursday. The stock has a market capitalization of $1.28 billion, a P/E ratio of -143.00 and a beta of 1.75. The stock’s 50-day moving average price is $1.39 and its 200-day moving average price is $1.77. Denison Mines has a 12-month low of $1.08 and a 12-month high of $2.47.

Institutional Trading of Denison Mines

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Oxford Asset Management LLP purchased a new position in Denison Mines during the 4th quarter valued at $26,000. Sowell Financial Services LLC bought a new stake in shares of Denison Mines during the 1st quarter valued at about $26,000. Providence Capital Advisors LLC bought a new stake in shares of Denison Mines during the 1st quarter valued at about $30,000. Vantage Point Financial LLC purchased a new position in shares of Denison Mines during the fourth quarter valued at about $34,000. Finally, Commonwealth Equity Services LLC raised its stake in Denison Mines by 74.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 19,964 shares of the basic materials company’s stock worth $36,000 after buying an additional 8,500 shares in the last quarter. Hedge funds and other institutional investors own 36.74% of the company’s stock.

About Denison Mines

Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. Its flagship project is the Wheeler River uranium project covering an area of approximately 300,000 hectares located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp.