Denison Mines (TSE:DML) Given a C$6.00 Price Target at Royal Bank Of Canada

Denison Mines (TSE:DML) (NYSE:DNN) has been assigned a C$6.00 price objective by equities researchers at Royal Bank Of Canada in a research note issued on Tuesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target suggests a potential upside of 34.83% from the stock’s current price.

Separately, National Bank Financial lifted their price target on shares of Denison Mines from C$6.00 to C$6.50 and gave the stock an “outperform” rating in a research note on Friday, April 17th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$6.33.

Denison Mines Stock Up 3.5%

DML stock traded up C$0.15 during mid-day trading on Tuesday, reaching C$4.45. The company had a trading volume of 1,827,495 shares, compared to its average volume of 3,712,554. The company has a debt-to-equity ratio of 280.62, a quick ratio of 3.12 and a current ratio of 13.77. The company has a market capitalization of C$4.03 billion, a price-to-earnings ratio of -13.91, a price-to-earnings-growth ratio of 1.42 and a beta of 1.29. The firm has a fifty day simple moving average of C$4.59 and a 200 day simple moving average of C$4.89. Denison Mines has a fifty-two week low of C$2.46 and a fifty-two week high of C$6.04.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its quarterly earnings data on Tuesday, May 12th. The company reported C($0.13) earnings per share (EPS) for the quarter. Denison Mines had a negative net margin of 6,208.50% and a negative return on equity of 73.67%. The company had revenue of C$1.11 million during the quarter. Analysts forecast that Denison Mines will post -0.01 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Laurie Sterritt sold 19,800 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of C$4.39, for a total value of C$86,922.00. 0.31% of the stock is currently owned by insiders.

Denison Mines Company Profile

Denison Mines Corp. is a Canadian uranium exploration company operating in northern Saskatchewan. The portfolio comprises roughly 237,000 ha across multiple underexplored 100% owned and Cosa-operated joint venture projects in the Athabasca Basin region, the majority of which reside within or adjacent to established uranium corridors. In January of 2025, the Company entered a transformative strategic collaboration with Denison Mines (TSX: DML) (NYSE American: DNN) that has secured access to several additional highly prospective eastern Athabasca uranium exploration projects.