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Raymond James Sticks to Its Buy Rating for Denison Mines (DNN)

Tipranks - Tipranks - Thu Jan 15, 4:00PM CST

In a report released today, Brian MacArthur from Raymond James maintained a Buy rating on Denison Mines, with a price target of C$5.05.

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According to TipRanks, MacArthur is a top 25 analyst with an average return of 32.2% and a 71.34% success rate. MacArthur covers the Basic Materials sector, focusing on stocks such as Freeport-McMoRan, Royal Gold, and Newmont Mining.

In addition to Raymond James, Denison Mines also received a Buy from Canaccord Genuity’s Katie Lachapelle in a report issued on January 5. However, on the same day, TipRanks – Google reiterated a Hold rating on Denison Mines (NYSE MKT: DNN).

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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

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