12 month high Denison Mines Corp (TSE:DML) (NYSE:DNN)’s stock price reached a new 52-week high during trading on Tuesday . The company traded a high of C$0.71.
DML has been the subject of a number of recent analyst reports. TD Securities raised their target price on Denison Mines from C$0.65 to C$0.80 and gave the company a “hold” rating in a research note on Friday, June 5th. Finally, Raymond James restated a “market perform” rating and issued a C$1.00 target price on shares of Denison Mines in a research note on Friday, June 5th.
The firm has a market cap of $394.42 million and a P/E ratio of -26.92. The company has a current ratio of 2.72, a quick ratio of 2.36 and a debt-to-equity ratio of 0.33. The company’s 50-day moving average is C$0.61 and its two-hundred day moving average is C$0.52.
Denison Mines Corp. operates as a uranium exploration and development company with focuses in the Athabasca Basin region of northern Saskatchewan, Canada. Its projects primarily includes the Wheeler River, the Waterbury, the Midwest, the McClean Lake and Mill, and the Hook-Carter that covers approximately 320,000 hectares in the Athabasca Basin region.