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Denison Mines (DNN) Receives a Buy from CIBC

Tipranks - Tipranks - Thu Feb 5, 9:54AM CST

In a report released today, from CIBC maintained a Buy rating on Denison Mines, with a price target of C$6.50.

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Denison Mines has an analyst consensus of Strong Buy, with a price target consensus of C$5.10.

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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 19 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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