Denison Mines Corp – Consensus ‘Buy’ rating and 88.0% Upside Potential

Broker Ratings
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Denison Mines Corp which can be found using ticker (DNN) now have 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 2.14 and 1.66 and has a mean target at $1.88. Now with the previous closing price of $1.00 this would imply there is now a potential upside of 88.0%. The 50 day moving average now sits at $1.19 while the 200 day moving average is $1.19. The company has a market cap of $869m. Company Website: https://denisonmines.com

The potential market cap would be $1,633m based on the market consensus.

Denison Mines Corp. operates as a uranium exploration and development company in Canada. Its flagship project is the 95% interest owned 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. in December 2006. Denison Mines Corp. was incorporated in 1954 and is headquartered in Toronto, Canada.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 104, revenue per share of 0.02 and a -4.75% return on assets.

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