Denison Mines Corp. Forecasted to Post FY2022 Earnings of ($0.05) Per Share (TSE:DML)

Denison Mines Corp. (TSE:DMLGet Rating) (NYSE:DNN) – Equities research analysts at Raymond James dropped their FY2022 earnings per share (EPS) estimates for Denison Mines in a research note issued on Wednesday, August 10th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of ($0.05) per share for the year, down from their previous estimate of ($0.04). Raymond James has a “Outperform” rating and a $2.60 price objective on the stock. The consensus estimate for Denison Mines’ current full-year earnings is ($0.02) per share.

Denison Mines (TSE:DMLGet Rating) (NYSE:DNN) last released its quarterly earnings results on Thursday, August 4th. The company reported C($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.01) by C($0.01). The business had revenue of C$6.80 million during the quarter.

Separately, TD Securities raised Denison Mines from a “hold” rating to a “buy” rating and set a C$2.50 price target on the stock in a research note on Friday, May 27th.

Denison Mines Stock Performance

DML opened at C$1.49 on Monday. The business’s 50-day moving average price is C$1.42 and its two-hundred day moving average price is C$1.65. Denison Mines has a 1 year low of C$1.18 and a 1 year high of C$2.64. The company has a market capitalization of C$1.22 billion and a price-to-earnings ratio of 24.83. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.89 and a quick ratio of 3.69.

Insider Activity at Denison Mines

In related news, Senior Officer David Lionel Bronkhorst sold 135,000 shares of Denison Mines stock in a transaction dated Friday, June 24th. The stock was sold at an average price of C$1.35, for a total value of C$181,710.00. Following the sale, the insider now owns 400 shares of the company’s stock, valued at C$538.40.

About Denison Mines

(Get Rating)

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 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.

Further Reading

Earnings History and Estimates for Denison Mines (TSE:DML)

Receive News & Ratings for Denison Mines Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Denison Mines and related companies with's FREE daily email newsletter.