Denison Mines (TSE:DML) Posts Quarterly Earnings Results

Denison Mines (TSE:DML) (NYSE:DNN) posted its quarterly earnings data on Wednesday. The company reported C($0.03) earnings per share for the quarter, FiscalAI reports. 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$1.05 million for the quarter.

Denison Mines Stock Up 2.4%

DML traded up C$0.07 during trading hours on Friday, hitting C$2.97. 920,431 shares of the company’s stock were exchanged, compared to its average volume of 3,598,053. Denison Mines has a 12-month low of C$2.71 and a 12-month high of C$6.04. The firm has a 50 day moving average of C$3.74 and a 200 day moving average of C$4.57. The firm has a market cap of C$2.69 billion, a P/E ratio of -9.58, a price-to-earnings-growth ratio of 1.42 and a beta of 2.14. The company has a current ratio of 9.41, a quick ratio of 3.12 and a debt-to-equity ratio of 237.89.

Wall Street Analyst Weigh In

A number of analysts have issued reports on DML shares. Jefferies Financial Group set a C$5.20 target price on Denison Mines and gave the company a “buy” rating in a research report on Thursday, September 3rd. Ventum Financial set a C$5.50 price target on Denison Mines and gave the stock a “buy” rating in a research report on Monday, August 24th. National Bank Financial set a C$6.50 price target on Denison Mines and gave the stock an “outperform” rating in a research report on Monday, September 21st. Finally, Royal Bank Of Canada set a C$6.00 price objective on Denison Mines and gave the company an “outperform” rating in a research note on Tuesday, July 14th. Five research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$5.94.

Insider Buying and Selling

In other Denison Mines news, Director Laurie Sterritt sold 23,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of C$5.22, for a total value of C$120,060.00. 0.31% of the stock is owned by corporate insiders.

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.