Denison Mines (TSE:DML) Reaches New 12-Month Low – Here’s Why

Denison Mines Corp. (TSE:DML) (NYSE:DNN) shares hit a new 52-week low during trading on Friday. The company traded as low as C$2.98 and last traded at C$2.98, with a volume of 471,821 shares trading hands. The stock had previously closed at C$3.05.

Analyst Ratings Changes

DML has been the topic of several analyst reports. Ventum Financial set a C$5.50 price objective on Denison Mines and gave the stock a “buy” rating in a report on Monday, August 24th. Jefferies Financial Group set a C$5.20 target price on Denison Mines and gave the company a “buy” rating in a research report on Thursday, September 3rd. National Bank Financial set a C$6.50 target price on Denison Mines and gave the company an “outperform” rating in a research note on Monday, September 21st. Finally, Royal Bank Of Canada set a C$6.00 price target on shares of Denison Mines and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. Five analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$5.94.

Denison Mines Price Performance

The company has a market cap of C$2.72 billion, a P/E ratio of -9.71, a P/E/G ratio of 1.42 and a beta of 2.07. The company’s 50-day moving average price is C$4.05 and its two-hundred day moving average price is C$4.42. The company has a current ratio of 9.41, a quick ratio of 3.12 and a debt-to-equity ratio of 237.89.

Denison Mines (TSE:DML) (NYSE:DNN) last issued its quarterly earnings results on Wednesday, August 12th. The company reported C($0.03) EPS for the quarter. The company had revenue of C$0.72 million for the quarter. Denison Mines had a negative return on equity of 83.49% and a negative net margin of 6,732.67%. As a group, sell-side analysts expect that Denison Mines Corp. will post -0.01 earnings per share for the current year.

Insiders Place Their Bets

In other Denison Mines news, Director Laurie Sterritt sold 23,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of C$5.22, for a total transaction of C$120,060.00. 0.31% of the stock is currently owned by corporate insiders.

About Denison Mines

Denison Mines Corp. is a Canadian uranium exploration company operating in northern Saskatchewan. The portfolio comprises roughly 237,000 ha across multiple underexplored 100% owned and Cosa-operated joint venture projects in the Athabasca Basin region, the majority of which reside within or adjacent to established uranium corridors. In January of 2025, the Company entered a transformative strategic collaboration with Denison Mines (TSX: DML) (NYSE American: DNN) that has secured access to several additional highly prospective eastern Athabasca uranium exploration projects.