Denison Mines Corp (TSE:DML) (NYSE:DNN)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.69 and traded as low as $0.67. Denison Mines shares last traded at $0.69, with a volume of 565,755 shares traded.
DML has been the subject of a number of research analyst reports. BMO Capital Markets initiated coverage on Encompass Health in a report on Thursday, June 27th. They set an “outperform” rating and a $72.00 price objective for the company. Eight Capital reduced their price objective on UEX from C$0.50 to C$0.45 in a report on Wednesday, May 22nd.
The company has a quick ratio of 1.74, a current ratio of 2.07 and a debt-to-equity ratio of 0.43. The company has a market cap of $406.50 million and a price-to-earnings ratio of -14.20. The company’s 50 day moving average is C$0.69.
Denison Mines Company Profile (TSE:DML)
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.
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