Denison Mines Corp saw a significant decline of 7.7% this week.
Denison Mines Corp's stock closed at C$3.27, reflecting a notable drop of 7.7% over the past week. This decline is part of a broader trend, with the stock down 17.42% over the last month and 16.43% year-to-date, indicating ongoing challenges in the market.
Investor takeaway: Investors may want to evaluate their positions in Denison Mines given the recent performance trends.
Advertisement
Denison Mines Corp
DML.TO
DML.TO
Denison Mines Corp
WealthAwesomeMarket cap
$3.13B
52W high
$6.04
52W low
$3.12
1W change
-7.73%
Beta
1.80
Analyst Price Targets
Based on analyst covering DML · as of Sep 17, 2026
Wall Street analysts forecast DML stock price to rise 86.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$6.46
+86.7% Upside
Current Price
C$3.46
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on DML's historical volatility
30-Day Vol
55.2%
Annualized
90-Day Vol
59.3%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$2.89
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$3.26 | C$2.70 – C$3.94 |
| 60 trading days | C$3.07 | C$2.35 – C$4.02 |
| 90 trading days | C$2.89 | C$2.08 – C$4.02 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Denison Mines' Price Drops to C$3.27 Amid Weak Market Sentiment
With a last close of C$3.27, Denison Mines is trading at a 30.5% discount to its 200-day moving average.
Bull case
Analysts are optimistic about Denison Mines, maintaining a bullish outlook with an average price target of C$6.46. This suggests a potential upside of nearly 98% from the current price.
Bear case
However, the stock's current price is significantly below both its 50-day and 200-day moving averages, indicating ongoing challenges that investors should consider.
Stock Performance Overview
Advertisement
Denison Mines Corp's stock has dropped 7.7% this week, closing at C$3.27. Over the past month, it has decreased by 17.42%, and year-to-date, it is down 16.43%. The latest weekly trading volume was 2,227,517 shares, which is below the 20-day average volume of 3,558,378 shares, showing reduced trading activity. The stock is currently positioned at 5% of its 52-week range, which has fluctuated between C$3.12 and C$6.04.
Technical Indicators
Currently, Denison Mines trades at a 30.5% discount to its 200-day moving average of C$4.70 and a 23.3% discount to its 50-day moving average of C$4.25. The stock's high volatility is reflected in its beta of 1.80, indicating it is more volatile compared to the broader market. The P/E ratio is not applicable as the company has a negative EPS of -0.3, reflecting ongoing operational challenges and a profit margin of 0.0%.
Analyst Sentiment
Despite the recent losses, analysts remain bullish on Denison Mines, with an average target price of C$6.46. This represents an implied upside of approximately 97.9% from the current price. Investors should keep an eye on any updates that could impact these analyst projections and the company's market performance. The overall market cap for Denison Mines stands at approximately C$3.13 billion, indicating its significant presence in the energy sector.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
