Denison Mines (TSE:DML) Sets New 52-Week Low – Should You Sell?

Shares of Denison Mines Corp. (TSE:DML) (NYSE:DNN) reached a new 52-week low on Wednesday. The company traded as low as C$3.12 and last traded at C$3.13, with a volume of 2,013,574 shares trading hands. The stock had previously closed at C$3.32.

Analyst Ratings Changes

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

Denison Mines Stock Performance

The company has a market capitalization of C$3.03 billion, a P/E ratio of -10.81, a P/E/G ratio of 1.42 and a beta of 2.07. The business has a 50-day moving average of C$4.19 and a 200-day moving average of C$4.48. The company has a debt-to-equity ratio of 237.89, a current ratio of 9.41 and a quick ratio of 3.12.

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. Denison Mines had a negative net margin of 6,732.67% and a negative return on equity of 83.49%. The firm had revenue of C$0.72 million for the quarter. On average, sell-side analysts anticipate that Denison Mines Corp. will post -0.01 EPS for the current year.

Insider Activity at Denison Mines

In other news, Director Laurie Sterritt sold 23,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of C$5.22, for a total value of C$120,060.00. Insiders own 0.31% of the company’s stock.

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.