Scotiabank Analysts Cut Earnings Estimates for Denison Mines

Denison Mines Corp. (TSE:DML) (NYSE:DNN) – Research analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for Denison Mines in a research report issued on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now anticipates that the company will earn ($0.08) per share for the year, down from their prior forecast of ($0.06). The consensus estimate for Denison Mines’ current full-year earnings is ($0.01) per share. Scotiabank also issued estimates for Denison Mines’ FY2027 earnings at ($0.05) EPS.

DML has been the topic of a number of other reports. Ventum Financial set a C$5.50 price objective on shares of Denison Mines and gave the company a “buy” rating in a research note on Monday. Royal Bank Of Canada set a C$6.00 target price on Denison Mines and gave the company an “outperform” rating in a report on Tuesday, July 14th. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, Denison Mines has a consensus rating of “Buy” and a consensus price target of C$6.12.

Denison Mines Price Performance

Shares of TSE:DML opened at C$4.89 on Monday. The firm has a 50 day moving average of C$4.39 and a 200-day moving average of C$4.80. Denison Mines has a 12 month low of C$2.83 and a 12 month high of C$6.04. The company has a current ratio of 9.41, a quick ratio of 3.12 and a debt-to-equity ratio of 237.89. The stock has a market capitalization of C$4.43 billion, a PE ratio of -15.77, a PEG ratio of 1.42 and a beta of 1.28.

Denison Mines (TSE:DML) (NYSE:DNN) last posted its quarterly earnings data on Wednesday, August 12th. The company reported C($0.03) EPS for the quarter. Denison Mines had a negative return on equity of 83.49% and a negative net margin of 6,732.67%.The company had revenue of C$0.72 million for the quarter.

Insider Buying and Selling

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

Denison Mines Company Profile

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.