Denison Mines Corp. (TSE:DML) (NYSE:DNN) Senior Officer Amanda Willett sold 46,000 shares of the stock in a transaction that occurred on Tuesday, September 7th. The shares were sold at an average price of C$1.89, for a total value of C$86,940.00. Following the sale, the insider now directly owns -13,188 shares of the company’s stock, valued at approximately C($24,925.32).
Shares of Denison Mines stock opened at C$2.04 on Wednesday. The business has a 50 day moving average of C$1.45 and a 200 day moving average of C$1.45. The company has a quick ratio of 4.87, a current ratio of 5.03 and a debt-to-equity ratio of 0.17. The company has a market cap of C$1.64 billion and a PE ratio of -72.86. Denison Mines Corp. has a 52 week low of C$0.41 and a 52 week high of C$2.29.
A number of research firms have recently weighed in on DML. Raymond James increased their price objective on Denison Mines from C$1.80 to C$2.10 and gave the company an “outperform” rating in a research note on Tuesday, September 7th. Haywood Securities upped their target price on Denison Mines from C$2.20 to C$2.40 and gave the company a “buy” rating in a report on Thursday, August 5th. Cormark upped their target price on Denison Mines from C$1.50 to C$1.90 and gave the company an “outperform” rating in a report on Thursday, June 17th. Canaccord Genuity upped their target price on Denison Mines from C$2.25 to C$2.50 and gave the company a “buy” rating in a report on Wednesday, June 16th. Finally, TD Securities upped their target price on Denison Mines from C$1.55 to C$1.65 and gave the company a “hold” rating in a report on Monday, August 16th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, Denison Mines presently has a consensus rating of “Buy” and a consensus target price of C$2.11.
Denison Mines Corp. operates as a uranium exploration and development company in Canada. Its flagship project is the 90% interest owned Wheeler River Uranium project 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.
Read More: Capital Gains
Receive News & Ratings for Denison Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Denison Mines and related companies with MarketBeat.com's FREE daily email newsletter.