Denison Mines Corp. (NYSEAMERICAN:DNN) (TSE:DML) – Stock analysts at Raymond James issued their Q1 2022 earnings estimates for shares of Denison Mines in a note issued to investors on Monday, April 5th. Raymond James analyst B. Macarthur anticipates that the basic materials company will post earnings of $0.00 per share for the quarter. Raymond James currently has a “Market Perform” rating and a $1.70 price target on the stock. Raymond James also issued estimates for Denison Mines’ Q2 2022 earnings at $0.00 EPS, Q3 2022 earnings at $0.00 EPS, Q4 2022 earnings at $0.00 EPS and FY2022 earnings at ($0.01) EPS.

A number of other equities research analysts also recently issued reports on the company. Canaccord Genuity upped their price objective on Denison Mines from $0.90 to $1.10 and gave the company a “buy” rating in a research report on Thursday, January 21st. Zacks Investment Research upgraded Denison Mines from a “hold” rating to a “buy” rating and set a $1.25 price objective on the stock in a research report on Friday, March 26th. Finally, TD Securities upped their price objective on Denison Mines from $1.00 to $1.55 and gave the company a “hold” rating in a research report on Thursday, February 25th.

Shares of DNN stock opened at $1.20 on Wednesday. Denison Mines has a 1 year low of $0.27 and a 1 year high of $1.81. The company’s 50 day moving average is $0.51. The stock has a market capitalization of $961.95 million, a P/E ratio of -60.00 and a beta of 2.16.

Denison Mines (NYSEAMERICAN:DNN) (TSE:DML) last posted its earnings results on Thursday, March 4th. The basic materials company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01). The company had revenue of $3.14 million for the quarter. Denison Mines had a negative return on equity of 7.12% and a negative net margin of 103.08%.

Several hedge funds and other institutional investors have recently modified their holdings of DNN. ADE LLC purchased a new stake in shares of Denison Mines in the fourth quarter worth approximately $30,000. Credit Agricole S A grew its stake in Denison Mines by 67.8% in the fourth quarter. Credit Agricole S A now owns 67,100 shares of the basic materials company’s stock worth $43,000 after purchasing an additional 27,100 shares in the last quarter. Scotia Capital Inc. grew its stake in Denison Mines by 29.1% in the fourth quarter. Scotia Capital Inc. now owns 117,465 shares of the basic materials company’s stock worth $76,000 after purchasing an additional 26,466 shares in the last quarter. Toronto Dominion Bank grew its stake in Denison Mines by 308.1% in the fourth quarter. Toronto Dominion Bank now owns 132,000 shares of the basic materials company’s stock worth $87,000 after purchasing an additional 99,656 shares in the last quarter. Finally, Virtu Financial LLC grew its stake in Denison Mines by 279.2% in the fourth quarter. Virtu Financial LLC now owns 211,475 shares of the basic materials company’s stock worth $137,000 after purchasing an additional 155,699 shares in the last quarter. Hedge funds and other institutional investors own 11.94% of the company’s stock.

About Denison Mines

Denison Mines Corp. operates as a uranium exploration and development company in Canada. Its flagship project is the 90% interest owned Wheeler River Uranium project 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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Earnings History and Estimates for Denison Mines (NYSEAMERICAN:DNN)

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