Denison Mines (TSE:DML) Price Target Raised to C$4.50 at National Bankshares

Denison Mines (TSE:DML) (NYSE:DNN) had its price objective lifted by National Bankshares from C$3.90 to C$4.50 in a report released on Wednesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

DML has been the topic of several other reports. Desjardins raised Denison Mines to a “moderate buy” rating in a report on Monday, August 18th. TD Securities lifted their target price on Denison Mines from C$3.50 to C$3.75 and gave the stock a “buy” rating in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of C$3.79.

Denison Mines Stock Down 2.6%

Shares of Denison Mines stock opened at C$3.81 on Wednesday. The stock’s 50-day simple moving average is C$3.11 and its 200-day simple moving average is C$2.47. Denison Mines has a 52 week low of C$1.58 and a 52 week high of C$4.08. The company has a market capitalization of C$3.42 billion, a price-to-earnings ratio of -42.33, a PEG ratio of 1.42 and a beta of 1.66.

Denison Mines Company Profile

Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan.