Canaccord Genuity analyst Katie Lachapelle maintained a Buy rating on Denison Mines (DNN – Research Report) today and set a price target of C$3.25. The company’s shares closed today at $1.66.
Lachapelle covers the Energy sector, focusing on stocks such as Cameco, Denison Mines, and Fission Uranium. According to TipRanks, Lachapelle has an average return of 41.0% and a 68.25% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Denison Mines with a $2.03 average price target.
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DNN market cap is currently $1.44B and has a P/E ratio of -130.30.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DNN in relation to earlier this year.
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Denison Mines (DNN) Company Description:
Denison Mines Corp. engages in the exploration and development of uranium. It has interest in McClean Lake uranium mill, Zone and Huskie deposits on the Waterbury Lake property. The company operates through the following segments: Mining, Denison Environmental Services, and Corporate and Other. The Mining segment include depreciation and development cost. The Denison Environmental Services segment involves decommissioning services. The Corporate and Other segment relates to management services. The company was founded on May 9, 1997 and is headquartered in Toronto, Canada.
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