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Denison Mines (DNN) Gets a Buy from Roth MKM

Tipranks - Tipranks - Wed Feb 18, 11:48PM CST

Roth MKM analyst Joseph Reagor maintained a Buy rating on Denison Mines today and set a price target of $4.25.

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According to TipRanks, Reagor is a 5-star analyst with an average return of 31.3% and a 55.13% success rate. Reagor covers the Basic Materials sector, focusing on stocks such as Silvercorp Metals, G2 Goldfields Inc, and Avino Silver & Gold.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Denison Mines with a $3.99 average price target.

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Based on Denison Mines’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of C$1.05 million and a GAAP net loss of C$134.97 million. In comparison, last year the company earned a revenue of C$695 thousand and had a GAAP net loss of C$25.77 million

Based on the recent corporate insider activity of 22 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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