Denison Mines (DML) Stock Price Down 2.9%

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Denison Mines Corp (TSE:DML) (NYSE:DNN)’s share price traded down 2.9% during mid-day trading on Friday . The stock traded as low as C$0.67 and last traded at C$0.68. 1,777 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 365,753 shares. The stock had previously closed at C$0.70.

A number of brokerages have weighed in on DML. Eight Capital decreased their target price on Denison Mines from C$2.15 to C$1.70 in a research report on Wednesday. Raymond James reissued a “market perform” rating and issued a C$1.25 target price on shares of Denison Mines in a research report on Monday, March 11th.

The stock has a market cap of $412.39 million and a P/E ratio of -14.00. The company has a current ratio of 2.07, a quick ratio of 1.74 and a debt-to-equity ratio of 0.43.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its quarterly earnings data on Thursday, March 7th. The company reported C($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C($0.01) by C($0.01). The company had revenue of C$4.14 million during the quarter, compared to the consensus estimate of C$5.25 million. As a group, analysts predict that Denison Mines Corp will post -0.02 earnings per share for the current year.

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Denison Mines Company Profile (TSE:DML)

Denison Mines Corp. operates as a uranium exploration and development company with focuses in the Athabasca Basin region of northern Saskatchewan, Canada. Its projects primarily includes the Wheeler River, the Waterbury, the Midwest, the McClean Lake and Mill, and the Hook-Carter that covers approximately 320,000 hectares in the Athabasca Basin region.

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