Denison Mines (TSE:DML) Stock Price Down 1.6%

Denison Mines Corp (TSE:DML) (NYSE:DNN) shares traded down 1.6% during mid-day trading on Thursday . The stock traded as low as C$0.61 and last traded at C$0.62, 24,539 shares changed hands during mid-day trading. A decline of 92% from the average session volume of 323,556 shares. The stock had previously closed at C$0.63.

Several analysts have issued reports on the company. TD Securities dropped their price target on Denison Mines from C$1.10 to C$0.95 in a research note on Monday, July 22nd. BMO Capital Markets decreased their price objective on Denison Mines from C$0.80 to C$0.70 in a report on Thursday, June 27th. Raymond James restated a “market perform” rating and issued a C$1.25 price objective on shares of Denison Mines in a report on Friday, August 30th. Finally, Eight Capital raised their price objective on Denison Mines from C$1.70 to C$1.80 in a report on Tuesday, September 3rd.

The company has a market cap of $360.03 million and a P/E ratio of -12.71. The company has a fifty day moving average price of C$0.63 and a two-hundred day moving average price of C$0.65. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.49 and a current ratio of 1.81.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its quarterly earnings data on Thursday, August 8th. The company reported C($0.01) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of C($0.01). The company had revenue of C$4.14 million during the quarter, compared to the consensus estimate of C$5.38 million. Research analysts anticipate that Denison Mines Corp will post -0.02 EPS for the current year.

Denison Mines Company Profile (TSE:DML)

Denison Mines Corp. operates as a uranium exploration and development company with focuses in the Athabasca Basin region of northern Saskatchewan, Canada. Its projects primarily includes the Wheeler River, the Waterbury, the Midwest, the McClean Lake and Mill, and the Hook-Carter that covers approximately 320,000 hectares in the Athabasca Basin region.

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