Earnings

Analysts Predict Denison Mines Q1 Earnings

Published March 29, 2025

On March 26, 2025, analysts from Roth Capital shared their earnings predictions for Denison Mines Corp. (NYSEAMERICAN:DNN) for the first quarter of 2026. The research note indicates that the analysts expect Denison Mines to report an earnings per share (EPS) of ($0.01) for the upcoming quarter. This is part of a broader consensus for the full year 2026, where Denison Mines is projected to have earnings of ($0.06) per share. Additionally, Roth Capital forecasts similar earnings figures for the subsequent quarters: ($0.01) EPS for Q2, ($0.01) for Q3, and ($0.01) for Q4 of 2026.

In a separate report, analysts from Scotiabank reaffirmed an “outperform” rating on Denison Mines’ shares. The research review indicated a mix of ratings on the stock, with one analyst issuing a sell rating, four analysts giving buy ratings, and three designating it as a strong buy. MarketBeat.com data reveals that Denison Mines currently holds an average rating of "Buy" and an average price target of $3.00.

Recent Performance of Denison Mines Stock

On Thursday, Denison Mines’ shares opened at $1.33. The stock has a 50-day moving average of $1.66 and a 200-day moving average of $1.91. Over the past year, the stock has seen a low of $1.27 and a high of $2.47. Denison Mines has a market capitalization of about $1.19 billion, with a price-to-earnings ratio of -133.00 and a beta of 1.75, indicating significant volatility in its stock price.

Institutional Investments in Denison Mines

Recently, several institutional investors and hedge funds have changed their shares in Denison Mines. For instance, The Manufacturers Life Insurance Company increased its holdings by an impressive 499% during the third quarter, now owning 4,127,950 shares valued at approximately $7,514,000 after acquiring an additional 3,438,790 shares. BNP Paribas Financial Markets has also taken interest, purchasing a new stake valued at about $505,000. Other notable changes include Bridgewater Associates LP, which boosted its stake by 10.2%, owning 8,359,815 shares worth $15,298,000 post-acquisition. Similarly, De Lisle Partners LLP raised its holdings by 9.8%, obtaining 1,687,909 shares valued at $3,089,000. Lastly, UBS Asset Management increased its positions by 14.5%, bringing their total to 3,200,078 shares valued at $5,856,000. Institutional investors currently hold approximately 36.74% of Denison Mines’ shares.

Overview of Denison Mines Corp.

Denison Mines Corp. is involved in the acquisition, exploration, and development of uranium-bearing properties in Canada. Its primary focus is the Wheeler River uranium project, which spans around 300,000 hectares in the Athabasca Basin region of Saskatchewan. The company was formerly known as International Uranium Corporation before rebranding as Denison Mines Corp.

Analysts, Earnings, Predictions