Denison Mines (NYSE:DNN) upgraded by StockNews.com to “sell”


Denison Mines (NYSE:DNN – Get Appraisal) was upgraded by StockNews.com to a “sell” rating in a research note released Thursday to investors.

DNN opened at $1.09 on Thursday. The company has a 50-day simple moving average of $1.52. The company has a market capitalization of $890.83 million, a P/E ratio of 18.17 and a beta of 1.87. Denison Mines has a 12-month low of $0.92 and a 12-month high of $2.14.

Denison Mines (NYSE:DNN – Get Rating) last released quarterly earnings data on Thursday, March 3. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $2.65 million in the quarter. Denison Mines had a net margin of 323.13% and a return on equity of 17.54%. Equity research analysts expect Denison Mines to post year-to-date EPS of -0.03.

About Denison Mines (Get an evaluation)

Denison Mines Corp. engages in the acquisition, exploration, development, mining, processing, sale and investment of uranium properties in Canada. Its flagship project is the 95% owned Wheeler River uranium project located in the Athabasca Basin region of northern Saskatchewan. The company was previously known as International Uranium Corporation and changed its name to Denison Mines Corp.

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