Denison Mines (TSE:DML) Price Target Raised to C$5.00

Denison Mines (TSE:DML) (NYSE:DNN) had its price objective raised by National Bankshares from C$4.50 to C$5.00 in a report published on Friday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Denison Mines Stock Up 7.3%

DML opened at C$3.80 on Friday. The firm’s 50-day moving average price is C$3.78 and its 200-day moving average price is C$3.26. The company has a market cap of C$3.41 billion, a P/E ratio of -17.27, a price-to-earnings-growth ratio of 1.42 and a beta of 1.71. Denison Mines has a 52-week low of C$1.58 and a 52-week high of C$4.79.

Denison Mines (TSE:DML) (NYSE:DNN) last released its earnings results on Friday, November 7th. The company reported C($0.15) earnings per share for the quarter. Denison Mines had a negative return on equity of 4.41% and a net margin of 1,029.20%.The company had revenue of C$1.05 million for the quarter. On average, research analysts anticipate that Denison Mines will post -0.01 EPS for the current fiscal year.

Denison Mines Company Profile

Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan. The company is also engaged in mine decommissioning and environmental services through its Closed Mines group, which manages its Elliot Lake reclamation projects and provides third-party post-closure mine care and maintenance services.