Denison Mines (DML) Sets New 12-Month High at $0.88

Denison Mines Corp (TSE:DML) (NYSE:DNN) shares reached a new 52-week high on Tuesday . The stock traded as high as C$0.88 and last traded at C$0.85, with a volume of 505869 shares traded. The stock had previously closed at C$0.86.

Several analysts have commented on DML shares. Raymond James upped their target price on shares of Denison Mines from C$0.90 to C$0.95 and gave the company a “market perform” rating in a research report on Wednesday, September 5th. Eight Capital upped their target price on shares of Denison Mines from C$1.70 to C$1.85 in a research report on Tuesday, September 11th. TD Securities upped their target price on shares of Denison Mines from C$0.95 to C$1.10 and gave the company a “hold” rating in a research report on Wednesday, September 26th. Haywood Securities upped their target price on shares of Denison Mines from C$1.80 to C$2.00 in a research report on Wednesday, September 26th. Finally, Cormark upped their target price on shares of Denison Mines from C$1.60 to C$1.80 in a research report on Wednesday, September 26th.

Denison Mines (TSE:DML) (NYSE:DNN) last announced its quarterly earnings results on Thursday, August 9th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$4.10 million for the quarter.

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About Denison Mines (TSE:DML)

Denison Mines Corp. engages in uranium mining related activities in Canada. The company acquires, explores for, and develops uranium properties; and extracts, processes, and sells uranium. Its assets include a 22.50% interest in the McClean Lake uranium processing facility and uranium deposits; a 25.17% interest in the Midwest uranium project; and a 63.3% interest in the Wheeler River project located in northern Saskatchewan.

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