Key Points
- Director David Daniel Cates sold 360,000 shares on Jan. 28 at an average price of C$5.82 for total proceeds of C$2,095,200, leaving him with 1,760,000 shares (a 16.98% reduction in his stake).
- Denison trades around C$5.38 (52‑week range C$1.58–C$5.97) with a market cap of C$4.83B and a recent quarterly loss of C($0.15) EPS; analysts maintain a consensus "Buy" but the average target is C$4.01 and some firms have cut targets to about C$4.85.
Denison Mines Corp. (TSE:DML - Get Free Report) (NYSE:DNN) Director David Daniel Cates sold 360,000 shares of the firm's stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of C$5.82, for a total transaction of C$2,095,200.00. Following the completion of the transaction, the director directly owned 1,760,000 shares of the company's stock, valued at approximately C$10,243,200. This trade represents a 16.98% decrease in their position.
Denison Mines Stock Performance
TSE:DML opened at C$5.38 on Monday. The stock's 50-day simple moving average is C$4.22 and its 200 day simple moving average is C$3.73. The company has a market cap of C$4.83 billion, a P/E ratio of -24.45, a P/E/G ratio of 1.42 and a beta of 1.68. Denison Mines Corp. has a 52-week low of C$1.58 and a 52-week high of C$5.97.
Denison Mines (TSE:DML - Get Free Report) (NYSE:DNN) last announced its quarterly earnings data on Friday, November 7th. The company reported C($0.15) earnings per share (EPS) for the quarter. Denison Mines had a negative return on equity of 4.41% and a net margin of 1,029.20%.The company had revenue of C$1.05 million for the quarter. As a group, equities analysts predict that Denison Mines Corp. will post -0.01 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Separately, National Bankshares reduced their target price on Denison Mines from C$5.00 to C$4.85 and set an "outperform" rating for the company in a research note on Monday, January 5th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of C$4.01.
View Our Latest Research Report on DML
About Denison Mines
(
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Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan. The company is also engaged in mine decommissioning and environmental services through its Closed Mines group, which manages its Elliot Lake reclamation projects and provides third-party post-closure mine care and maintenance services.
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