Denison Mines Corp – Consensus Indicates Potential 141.2% Upside

Broker Ratings
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Denison Mines Corp which can be found using ticker (DNN) have now 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 4.27 and 1.64 calculating the mean target price we have $2.46. Given that the stocks previous close was at $1.02 this would indicate that there is a potential upside of 141.2%. The 50 day MA is $1.28 and the 200 day moving average is $1.20. The company has a market capitalization of $835m. Visit the company website at: https://denisonmines.com

The potential market cap would be $2,015m based on the market consensus.

Denison Mines Corp. engages in the acquisition, exploration, development, extraction, processing, selling of, and investing in uranium properties in Canada. Its flagship project is the 95% interest owned Wheeler River uranium project covering 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 100, revenue per share of 0.02 and a -4.75% return on assets.

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