Denison Mines (TSE:DML – Get Free Report) (NYSE:DNN) was upgraded by equities researchers at Roth Capital to a “strong-buy” rating in a note issued to investors on Thursday, Zacks.com reports. Roth Capital also issued estimates for Denison Mines’ Q2 2024 earnings at ($0.02) EPS, Q3 2024 earnings at ($0.02) EPS, Q4 2024 earnings at ($0.02) EPS and FY2024 earnings at ($0.08) EPS.
Other analysts have also recently issued research reports about the stock. TD Securities raised their target price on shares of Denison Mines from C$3.50 to C$3.75 and gave the stock a “speculative buy” rating in a research note on Monday, March 4th. Raymond James raised their price objective on shares of Denison Mines from C$3.00 to C$3.50 in a research note on Tuesday, April 23rd.
Read Our Latest Stock Report on Denison Mines
Denison Mines Trading Down 4.5 %
Denison Mines (TSE:DML – Get Free Report) (NYSE:DNN) last released its earnings results on Wednesday, May 8th. The company reported C($0.02) EPS for the quarter, missing the consensus estimate of C($0.01) by C($0.01). Denison Mines had a return on equity of 13.47% and a net margin of 1,986.78%. The firm had revenue of C$0.83 million during the quarter. Analysts forecast that Denison Mines will post -0.01 earnings per share for the current year.
Denison Mines Company Profile
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.
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