Denison Mines (TSE:DML) Price Target Lowered to C$3.70 at Raymond James

Denison Mines (TSE:DML) (NYSE:DNN) had its price target decreased by Raymond James from C$3.90 to C$3.70 in a research report report published on Monday morning,BayStreet.CA reports. Raymond James currently has an outperform rating on the stock.

DML has been the topic of a number of other reports. Scotiabank lifted their target price on Denison Mines from C$4.00 to C$4.50 in a research report on Monday, November 25th. National Bankshares decreased their target price on Denison Mines from C$4.30 to C$4.15 and set an “outperform” rating on the stock in a research report on Monday. Five investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$3.72.

Denison Mines Stock Performance

Denison Mines stock opened at C$2.07 on Monday. The business’s 50-day simple moving average is C$2.44 and its 200-day simple moving average is C$2.65. The firm has a market capitalization of C$1.87 billion, a PE ratio of -68.90, a PEG ratio of 1.42 and a beta of 1.89. Denison Mines has a 52 week low of C$1.85 and a 52 week high of C$3.45.

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.