Denison Mines Corp's stock has seen a modest uptick this week amid broader developments in the uranium sector.
Denison Mines Corp (DML.TO) closed at C$3.87, reflecting a 2.18% increase on the day and a 2.46% rise over the past week. Despite these recent gains, the stock remains down 20.55% over the past month and 9.42% year-to-date, highlighting a challenging environment for investors in the energy sector, particularly in uranium.
Investor takeaway: While Denison Mines Corp has experienced a slight recovery in its stock price, ongoing challenges in profitability and market sentiment may continue to weigh on its performance in the near term. Investors should remain attentive to sector developments and company-specific news.
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Denison Mines Corp
DML.TO
DML.TO
Denison Mines Corp
WealthAwesomeMarket cap
$3.32B
52W high
$6.04
52W low
$3.12
1W change
+2.46%
Beta
1.64
Analyst Price Targets
Based on analyst covering DML · as of Sep 17, 2026
Wall Street analysts forecast DML stock price to rise 72.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$6.46
+72.3% Upside
Current Price
C$3.75
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
50.3%
Annualized
90-Day Vol
58.8%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$3.14
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$3.53 | C$2.97 – C$4.20 |
| 60 trading days | C$3.33 | C$2.60 – C$4.26 |
| 90 trading days | C$3.14 | C$2.32 – C$4.24 |
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.
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C$3.87 Closing Price
Denison Mines Corp's stock is currently trading at 17.6% below its 200-day moving average, indicating potential challenges ahead.
Bull case
Recent news about revenue growth in Canadian uranium stocks and Denison's strategic moves could indicate potential upside for the stock, especially if market conditions improve.
Bear case
The company's negative return on equity and ongoing losses may discourage investors, particularly in a volatile market where profitability is essential.
Recent Price Action
Denison Mines Corp has closed at C$3.87, marking a 2.18% increase for the day. Over the past week, the stock has gained 2.46%, but it remains down 20.55% over the last month, reflecting continued volatility in the uranium market.
Company News
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Recent headlines indicate some activity in the uranium sector. Notably, on October 2, F3 announced a debt settlement involving common shares. Additionally, reports on September 28 highlighted revenue growth of up to 58% for three Canadian uranium stocks, which could positively influence investor sentiment. Furthermore, Cosa announced the start of a partner-funded diamond drilling program at the Aurora Uranium Project in Saskatchewan, which may signal further developments in the region's uranium exploration.
Technical Picture
Denison Mines Corp's stock is currently trading at C$3.87, which is 10.1% below its 50-day moving average of C$4.30 and 17.6% below its 200-day moving average of C$4.70. The stock has a beta of 1.64, indicating higher volatility compared to the broader market. The 52-week trading range for DML.TO is between C$3.12 and C$6.04, with the current price sitting at approximately 26% of this range. Notably, the trading volume for the latest session was 5,775,700 shares, which is below the 20-day average volume of 3,055,137 shares, suggesting a decrease in trading activity.
Insider Activity
No recent insider activity has been reported for Denison Mines Corp, which may indicate a lack of significant developments from insiders at this time.
Price Action Summary
Denison Mines Corp closed at C$3.87, reflecting a 2.18% increase for the day.
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