Denison Mines (TSE:DML) Price Target Lowered to C$3.75 at National Bankshares

Denison Mines (TSE:DML) (NYSE:DNN) had its price target cut by National Bankshares from C$4.15 to C$3.75 in a report published on Wednesday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other research analysts have also recently issued reports about the company. Scotiabank lowered their price objective on Denison Mines from C$4.75 to C$3.75 and set an “outperform” rating for the company in a research report on Tuesday, March 25th. Raymond James dropped their price target on shares of Denison Mines from C$3.90 to C$3.70 and set an “outperform” rating on the stock in a research note on Monday, March 17th. Five research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$3.49.

Denison Mines Stock Performance

Denison Mines stock opened at C$1.88 on Wednesday. The company has a fifty day simple moving average of C$2.26 and a 200-day simple moving average of C$2.64. The stock has a market cap of C$1.70 billion, a P/E ratio of -62.58, a price-to-earnings-growth ratio of 1.42 and a beta of 1.89. Denison Mines has a 12-month low of C$1.84 and a 12-month high of C$3.45.

About Denison Mines

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.