Denison Mines (DML) Scheduled to Post Earnings on Thursday

Denison Mines (TSE:DML) (NYSE:DNN) is scheduled to release its earnings data before the market opens on Thursday, August 8th. Analysts expect Denison Mines to post earnings of C($0.02) per share for the quarter.

Denison Mines (TSE:DML) (NYSE:DNN) last released its quarterly earnings results on Wednesday, May 8th. The company reported C($0.02) EPS for the quarter, missing the consensus estimate of C($0.01) by C($0.01). Denison Mines had a net margin of 1,986.78% and a return on equity of 13.47%. The business had revenue of C$0.83 million during the quarter.

Denison Mines Price Performance

Shares of Denison Mines stock opened at C$2.16 on Wednesday. The company has a quick ratio of 3.12, a current ratio of 6.68 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of C$1.93 billion, a price-to-earnings ratio of 27.00, a price-to-earnings-growth ratio of 1.42 and a beta of 1.89. Denison Mines has a twelve month low of C$1.66 and a twelve month high of C$3.37. The company has a 50-day simple moving average of C$2.83 and a two-hundred day simple moving average of C$2.76.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Raymond James raised their price objective on Denison Mines from C$3.00 to C$3.50 in a research note on Tuesday, April 23rd. Scotiabank set a C$3.75 price objective on shares of Denison Mines and gave the stock an “outperform” rating in a research report on Tuesday, July 2nd. Finally, Roth Capital raised shares of Denison Mines to a “strong-buy” rating in a report on Thursday, June 27th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$3.24.

Denison Mines Company Profile

Denison Mines Corp. engages in the acquisition, exploration, and development of uranium bearing properties in Canada. Its flagship project is the 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.