Analysts Issue Forecasts for Denison Mine Q4 Earnings

Denison Mine Corp (NYSEAMERICAN:DNN) (TSE:DML) – Equities research analysts at Raymond James Financial issued their Q4 2026 earnings per share (EPS) estimates for Denison Mine in a research note issued on Monday, August 18th. Raymond James Financial analyst B. Macarthur anticipates that the basic materials company will post earnings of ($0.01) per share for the quarter. Raymond James Financial currently has a “Outperform” rating on the stock. The consensus estimate for Denison Mine’s current full-year earnings is ($0.06) per share.

DNN has been the topic of a number of other research reports. Scotiabank reiterated an “outperform” rating on shares of Denison Mine in a research report on Thursday, August 7th. National Bankshares restated an “outperform” rating on shares of Denison Mine in a research report on Monday. TD Securities restated a “buy” rating on shares of Denison Mine in a research report on Monday, August 11th. Finally, Desjardins upgraded Denison Mine to a “moderate buy” rating in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $3.00.

Denison Mine Stock Performance

DNN opened at $1.93 on Tuesday. The business’s 50-day simple moving average is $1.95 and its 200-day simple moving average is $1.68. Denison Mine has a one year low of $1.08 and a one year high of $2.47. The stock has a market capitalization of $1.73 billion, a P/E ratio of -32.17 and a beta of 1.39.

Institutional Investors Weigh In On Denison Mine

Institutional investors have recently added to or reduced their stakes in the business. Millennium Management LLC boosted its holdings in Denison Mine by 393.3% in the 4th quarter. Millennium Management LLC now owns 5,122,978 shares of the basic materials company’s stock valued at $9,221,000 after purchasing an additional 4,084,401 shares in the last quarter. Polar Asset Management Partners Inc. purchased a new stake in shares of Denison Mine during the 4th quarter worth approximately $1,939,000. JPMorgan Chase & Co. purchased a new stake in shares of Denison Mine during the 4th quarter worth approximately $501,000. Triasima Portfolio Management inc. purchased a new stake in shares of Denison Mine during the 1st quarter worth approximately $455,000. Finally, Tejara Capital Ltd purchased a new stake in shares of Denison Mine during the 1st quarter worth approximately $1,008,000. Hedge funds and other institutional investors own 36.74% of the company’s stock.

About Denison Mine

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.