Denison Mines (DML) Gets a Hold Rating from TD Securities

By Ryan Adsit

In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Denison Mines (TSX: DML). Today, analyst Craig Hutchison gave a Hold rating to DML and set a C$1.10 price target.

Hutchison has an average return of 57.6% when recommending Denison Mines.

According to TipRanks.com, Hutchison is ranked #610 out of 4883 analysts.

Denison Mines has an analyst consensus of Hold, with a price target consensus of C$1.18, which is a 43.9% upside from current levels. In a report released today, Raymond James also maintained a Hold rating on the stock with a C$1.25 price target.

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Denison Mines’ market cap is currently C$425M and has a P/E ratio of 0. The company has a Price to Book ratio of 1.95.

Denison Mines Corp. engages in the exploration and development. It focuses on uranium assets of Wheeler River and Gryphon projects located in Athabasca Basin region of northern Saskatchewan. The company operates through the following segments: Mining, Environmental, Corporate and Other.

The company’s shares closed on Wednesday at C$0.82.