Denison Mines (TSE:DML) Upgraded by Royal Bank Of Canada to “Moderate Buy” Rating

Denison Mines (TSE:DML) (NYSE:DNN) was upgraded by analysts at Royal Bank Of Canada to a “moderate buy” rating in a research report issued on Monday,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, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$6.33.

Denison Mines Stock Performance

Shares of DML stock opened at C$4.46 on Monday. Denison Mines has a 12-month low of C$2.46 and a 12-month high of C$6.04. The firm has a market capitalization of C$4.04 billion, a price-to-earnings ratio of -13.94, a price-to-earnings-growth ratio of 1.42 and a beta of 1.29. The business has a 50 day simple moving average of C$4.59 and a 200 day simple moving average of C$4.89. The company has a debt-to-equity ratio of 280.62, a current ratio of 13.77 and a quick ratio of 3.12.

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

Insider Buying and Selling at Denison Mines

In other news, Director Laurie Sterritt sold 19,800 shares of Denison Mines stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of C$4.39, for a total value of C$86,922.00. Company insiders own 0.31% of the company’s stock.

About Denison Mines

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.