Zacks Rating on Denison Mine Corp (DNN)

Denison Mine Corp (DNN) : The consensus on Denison Mine Corp (DNN) based on 3 analyst recommendation on the company stock is 1, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels.

Denison Mine Corp (DNN) : 3 Wall Street analysts covering Denison Mine Corp (DNN) believe that the average level the stock could reach for the short term is $1.24. The maximum price target given is $1 and the minimum target for short term is around $1, hence the standard deviation is calculated at $0.21.


Denison Mines Corp. is up 8.33% in the last 3-month period. Year-to-Date the stock performance stands at 4%. Denison Mine Corp (NYSEMKT:DNN): The stock was completely flat for the day, closing at $0.52 on Tuesday. The flat closing masks the intraday volatility in the stock. After opening at $0.52, the stock touched an intraday high of $0.53 and a low of $0.52. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $0.52. The total trading volume on Tuesday was 141,316.

Denison Mines Corp. is engaged in uranium exploration and/or development in Canada, Zambia, Mali, Namibia and Mongolia. The Companys assets include a 22.50% interest in the McClean Lake uranium processing facility and uranium deposits in northern Saskatchewan; a 25.17% interest in the Midwest uranium project, including the Midwest and the Midwest A deposits in northern Saskatchewan; a 60% interest in the Wheeler River project, which includes the Phoenix deposit and the Gryphon zone, and a portfolio of exploration and development property interests in the Athabasca Basin, including Moore Lake (100%), Waterbury Lake (60%), Hatchet Lake (58.06%), Crawford/Bachman Lake (100%), Bell Lake (100%) and Mann Lake (30%). Denison also owns the Mutanga uranium project in southern Zambia, the Falea uranium, silver and copper project in Mali, and interests in mineral exploration properties in Namibia and Mongolia.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.