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Denison Mines Corp (DNN) Stock Forecast & Price Prediction

Live DNN Stock Price & Analysis

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$1.86

+0.01 (0.54%)

12 Month Price Forecast For DNN

$1.86
Current Price
$1.66B
Market Cap
12 Ratings
Buy 12
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to DNN Price Forecasts

+222.6%
To High Target of $6.00
+131.2%
To Median Target of $4.30
+39.8%
To Low Target of $2.60

DNN Price Momentum

-3.1%
1 Week Change
-10.6%
1 Month Change
-8.8%
1 Year Change
+3.3%
Year-to-Date Change
-24.7%
From 52W High of $2.47
+32.9%
From 52W Low of $1.40

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 6, 2025 2:01 PM UTC

DNN Analyst Ratings & Price Targets

Based on our analysis of 5 Wall Street analysts, DNN has a consensus that is bullish. The median price target is $4.30, with forecasts ranging from $2.60 to $6.00. Currently, there are 12 Buy ratings, 0 Hold ratings, and 0 Sell ratings.

With DNN currently trading at $1.86, the median price forecast suggests a 131.2% upside. The most optimistic forecast comes from at , projecting a 222.6% upside, while Joe Reagor at Roth MKM provides the most conservative target, suggesting a 39.8% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

DNN Analyst Consensus

12
Buy
0
Hold
0
Sell

DNN Price Target Range

Low
$2.60
Average
$4.30
High
$6.00
Current: $1.86

Latest DNN Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for DNN.

Date Firm Analyst Rating Change Price Target
Oct 23, 2024 Roth MKM Joe Reagor Buy Reiterates $2.75
Sep 26, 2024 CIBC Bryce Adams Outperformer Initiates $3.25
Jun 27, 2024 Roth MKM Joe Reagor Buy Initiates $2.60
Jun 27, 2023 TD Securities Craig Hutchison Speculative Buy Maintains $2.50
Jun 27, 2023 Raymond James Outperform Maintains $2.40
Aug 24, 2022 TD Securities Craig Hutchison Speculative Buy Reinstates $2.25
Jul 18, 2017 Credit Suisse Robert Reynolds Underperform Downgrade $0.00
Feb 10, 2016 Roth Capital Buy Initiates $0.00
Apr 1, 2014 Credit Suisse Neutral Upgrade $0.00
Mar 7, 2014 Scotiabank Sector Outperform Maintains $0.00
Jun 3, 2013 Cantor Fitzgerald Buy Initiates $0.00
Jan 10, 2013 Raymond James Outperform Upgrade $1.80
Nov 14, 2012 Dundee Buy Initiates $0.00

Stocks Similar to Denison Mines Corp

The following stocks are similar to Denison Mines based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Denison Mines Corp (DNN) Financial Data

Denison Mines Corp has a market capitalization of $1.66B with a P/E ratio of 43.0x. The company generates $2.75M in trailing twelve-month revenue with a -100.0% profit margin.

Revenue growth is -10.6% quarter-over-quarter, while maintaining an operating margin of -2,269.5% and return on equity of -4.9%.

Valuation Metrics

Market Cap $1.66B
Enterprise Value $1.08B
P/E Ratio 43.0x
PEG Ratio -46.5x
Price/Sales 420.9x

Growth & Margins

Revenue Growth (YoY) -10.6%
Gross Margin -48.2%
Operating Margin -2,269.5%
Net Margin -100.0%
EPS Growth -10.6%

Financial Health

Cash/Price Ratio +7.0%
Current Ratio 6.3x
Debt/Equity 0.0x
ROE -4.9%
ROA -5.5%

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Denison Mines Corp (DNN) Company Overview

About Denison Mines Corp

What They Do

Explores and develops uranium properties in Canada.

Business Model

Denison Mines Corp. focuses on acquiring, exploring, and developing uranium-bearing properties, with its primary revenue generated from the Wheeler River uranium project. The company leverages its extensive land holdings in the Athabasca Basin, which is known for high-grade uranium deposits, to attract investment and partnerships.

Additional Information

Founded in 1936 and headquartered in Toronto, Denison Mines has evolved from its origins as International Uranium Corporation. The company's strategic focus on the Athabasca region positions it well within the uranium market, which is experiencing renewed interest due to increasing energy demands and a shift towards cleaner energy sources.

Company Information

Sector

Energy

Industry

Uranium

Employees

0

CEO

Mr. David Daniel Cates C.A., C.P.A., MAcc

Country

Canada

IPO Year

2005

Denison Mines Corp (DNN) Latest News & Analysis

DNN stock latest news image
Quick Summary

Denison Mine (DNN) shows a hammer chart pattern, suggesting support after recent losses, along with rising earnings estimate revisions, indicating a potential trend reversal.

Why It Matters

Denison Mine's hammer chart pattern and rising earnings estimates suggest potential price recovery, signaling a possible buying opportunity for investors.

Source: Zacks Investment Research
Market Sentiment: Positive
DNN stock latest news image
Quick Summary

Uranium mining stocks opened lower following DeepSeek's announcement of its cost-effective AI model outperforming ChatGPT, raising concerns in the market.

Why It Matters

The rapid advancement of DeepSeek's AI could disrupt various sectors, potentially affecting uranium demand and pricing, leading to volatility in mining stocks.

Source: The Motley Fool
Market Sentiment: Neutral
DNN stock latest news image
Quick Summary

Cosa Resources Corp. plans core drilling for the Murphy Lake North Project, a joint venture with Denison Mines, in Saskatchewan's eastern Athabasca Basin.

Why It Matters

Core drilling plans at the Murphy Lake North Project indicate potential resource development, which could enhance Cosa Resources' valuation and attract investor interest in a competitive mining sector.

Source: Newsfile Corp
Market Sentiment: Neutral
DNN stock latest news image
Quick Summary

Denison Mines Corp. has formed three uranium exploration joint ventures with Cosa Resources, granting Cosa a 70% interest in Denison's properties for 14.2 million shares and $2.25M.

Why It Matters

Denison Mines' joint venture with Cosa Resources enhances exploration potential in a key uranium region, impacting future production prospects and possibly increasing stock value.

Source: PRNewsWire
Market Sentiment: Neutral
DNN stock latest news image
Quick Summary

DNN has signed an agreement to establish three uranium exploration joint ventures in the eastern Athabasca Basin, Saskatchewan.

Why It Matters

DNN's uranium exploration deal enhances its resource portfolio, potentially increasing future revenue and market value amid rising uranium demand for energy production.

Source: Zacks Investment Research
Market Sentiment: Positive
DNN stock latest news image
Quick Summary

Cosa Resources will acquire a 70% interest in Denison's uranium projects in the Eastern Athabasca Basin. Denison will become a 19.95% shareholder in Cosa and invest at least C$1 million in future financings.

Why It Matters

Cosa's acquisition of Denison's uranium projects enhances its portfolio and potential growth in a key resource sector, while Denison's equity stake signals confidence in Cosa's management and future financing.

Source: Newsfile Corp
Market Sentiment: Neutral

Frequently Asked Questions About DNN Stock

What is Denison Mines Corp's (DNN) stock forecast for 2025?

Based on our analysis of 5 Wall Street analysts, Denison Mines Corp (DNN) has a median price target of $4.30. The highest price target is $6.00 and the lowest is $2.60.

Is DNN stock a good investment in 2025?

According to current analyst ratings, DNN has 12 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.86. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for DNN stock?

Wall Street analysts predict DNN stock could reach $4.30 in the next 12 months. This represents a 131.2% increase from the current price of $1.86. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Denison Mines Corp's business model?

Denison Mines Corp. focuses on acquiring, exploring, and developing uranium-bearing properties, with its primary revenue generated from the Wheeler River uranium project. The company leverages its extensive land holdings in the Athabasca Basin, which is known for high-grade uranium deposits, to attract investment and partnerships.

What is the highest forecasted price for DNN Denison Mines Corp?

The highest price target for DNN is $6.00 from at , which represents a 222.6% increase from the current price of $1.86.

What is the lowest forecasted price for DNN Denison Mines Corp?

The lowest price target for DNN is $2.60 from Joe Reagor at Roth MKM, which represents a 39.8% increase from the current price of $1.86.

What is the overall DNN consensus from analysts for Denison Mines Corp?

The overall analyst consensus for DNN is bullish. Out of 5 Wall Street analysts, 12 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $4.30.

How accurate are DNN stock price projections?

Stock price projections, including those for Denison Mines Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.