Friday, April 4, 2014

Denison Mines Corp. Upgraded to Neutral at CSFB (DML)

Denison Mines Corp. (TSE:DML) was upgraded by CSFB from an “underperform” rating to a “neutral” rating in a research note issued on Tuesday, American Banking and Market News reports.

Denison Mines Corp. (TSE:DML) traded down 1.69% on Tuesday, hitting $1.74. The stock had a trading volume of 324,811 shares. Denison Mines Corp. has a one year low of $1.01 and a one year high of $1.95. The stock has a 50-day moving average of $1.68 and a 200-day moving average of $1.34. The company’s market cap is $843.4 million.

DML has been the subject of a number of other recent research reports. Analysts at Credit Suisse upgraded shares of Denison Mines Corp. to a “neutral” rating in a research note on Tuesday. Separately, 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. Finally, 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. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of C$2.10.

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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