Tuesday, April 1, 2014

Credit Suisse Upgrades Denison Mines Corp. to “Neutral” (DML)

Denison Mines Corp. (TSE:DML) was upgraded by equities researchers at Credit Suisse to a “neutral” rating in a research report issued on Tuesday, Analyst Ratings.Net reports.

A number of other analysts have also recently weighed in on DML. Analysts at Paradigm Capital cut their price target on shares of Denison Mines Corp. from C$2.40 to C$2.25 in a research note on Tuesday, March 25th. They now have a “buy” rating on the stock. Separately, analysts at Raymond James raised their price target on shares of Denison Mines Corp. from C$2.20 to C$2.30 in a research note on Friday, March 21st. They now have an “outperform” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Denison Mines Corp. from C$1.50 to C$1.75 in a research note on Friday, March 21st. They now have a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of C$1.95.

Shares of Denison Mines Corp. (TSE:DML) opened at 1.63 on Tuesday. Denison Mines Corp. has a 1-year low of $1.01 and a 1-year high of $1.95. The stock has a 50-day moving average of $1.66 and a 200-day moving average of $1.3. The company’s market cap is $790.1 million.

Denison Mines Corp. (TSE:DML) is engaged in uranium exploration, development, mining and milling with uranium mining projects in both the United States and Canada and development projects in Canada, the United States, Zambia and Mongolia.

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