Denison Mines Corp. (TSE:DML – Get Free Report) (NYSE:DNN) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$2.46 and traded as high as C$2.86. Denison Mines shares last traded at C$2.77, with a volume of 1,196,016 shares trading hands.
Analyst Upgrades and Downgrades
DML has been the topic of a number of research analyst reports. TD Securities raised their price objective on shares of Denison Mines from C$3.50 to C$3.75 and gave the company a “speculative buy” rating in a research note on Monday, March 4th. Raymond James lifted their price target on shares of Denison Mines from C$2.90 to C$3.00 in a research report on Monday, March 4th.
Get Our Latest Stock Analysis on Denison Mines
Denison Mines Stock Performance
Denison Mines (TSE:DML – Get Free Report) (NYSE:DNN) last posted its quarterly earnings data on Thursday, February 29th. The company reported C$0.04 EPS for the quarter, topping analysts’ consensus estimates of C($0.02) by C$0.06. Denison Mines had a net margin of 4,871.97% and a return on equity of 16.58%. The firm had revenue of C$1.09 million during the quarter. Analysts predict that Denison Mines Corp. will post -0.01 EPS for the current fiscal year.
Denison Mines Company Profile
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.
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