FY2025 EPS Estimates for Denison Mines Decreased by Analyst

Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) – Equities research analysts at National Bank Financial lowered their FY2025 earnings per share (EPS) estimates for shares of Denison Mines in a research note issued to investors on Tuesday, May 13th. National Bank Financial analyst M. Sidibe now expects that the basic materials company will earn ($0.07) per share for the year, down from their previous forecast of ($0.05). The consensus estimate for Denison Mines’ current full-year earnings is ($0.06) per share. National Bank Financial also issued estimates for Denison Mines’ FY2027 earnings at ($0.02) EPS.

Several other analysts have also recently issued reports on DNN. Desjardins started coverage on Denison Mines in a report on Friday, April 4th. They set a “buy” rating on the stock. Scotiabank reaffirmed an “outperform” rating on shares of Denison Mines in a report on Tuesday, March 25th. One analyst has rated the stock with a sell rating, five have given a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Denison Mines currently has an average rating of “Buy” and a consensus target price of $3.00.

Denison Mines Price Performance

Shares of DNN opened at $1.43 on Friday. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of -143.00 and a beta of 1.75. Denison Mines has a 1 year low of $1.08 and a 1 year high of $2.47. The business’s 50 day simple moving average is $1.39 and its 200-day simple moving average is $1.77.

Institutional Trading of Denison Mines

Several hedge funds and other institutional investors have recently bought and sold shares of DNN. Goldman Sachs Group Inc. grew its position in Denison Mines by 2.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,687,875 shares of the basic materials company’s stock valued at $2,194,000 after acquiring an additional 45,125 shares during the last quarter. Millennium Management LLC grew its position in Denison Mines by 11.5% in the 1st quarter. Millennium Management LLC now owns 5,710,330 shares of the basic materials company’s stock valued at $7,423,000 after acquiring an additional 587,352 shares during the last quarter. Royal Bank of Canada grew its position in Denison Mines by 14.6% in the 1st quarter. Royal Bank of Canada now owns 4,317,738 shares of the basic materials company’s stock valued at $5,613,000 after acquiring an additional 550,064 shares during the last quarter. Caption Management LLC bought a new position in Denison Mines in the 1st quarter valued at $98,000. Finally, Alpha Wave Global LP grew its position in Denison Mines by 7.3% in the 1st quarter. Alpha Wave Global LP now owns 1,180,017 shares of the basic materials company’s stock valued at $1,534,000 after acquiring an additional 80,071 shares during the last quarter. Hedge funds and other institutional investors own 36.74% of the company’s stock.

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.