DML, CA2483561072

Denison Mines stock holds near C$4.45 after fresh analyst support

Published on 09/03/2026 at 21:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Denison Mines stock trades near C$4.45 after a new Jefferies buy call and a Q2 2026 update that showed revenue of $0.72 million and EPS of -$0.03.

DML, CA2483561072, Illustration mit AI erstellt.
DML, CA2483561072, Illustration mit AI erstellt.

Denison Mines Corp. (CA2483561072) stock was quoted at C$4.45, down 0.67 percent, with a market capitalization of C$4.03 billion as of September 3, 2026. The latest quarter showed revenue of $0.72 million and earnings per share of -$0.03, while Jefferies initiated coverage with a Buy view on September 3, 2026.

Analyst backing meets thin revenue

MarketBeat showed Denison Mines at C$4.45, a 52-week range of C$3.08 to C$6.04 and volume of 2.56 million shares. The share price is also 21.7 percent above the January 1, 2026 level cited in the same market snapshot.

For investors, the contrast is clear: the equity is valued at C$4.03 billion even though the latest reported quarter still produced only $0.72 million of revenue. The Q2 2026 EPS of -$0.03 underlines that the stock remains tied more to project expectations than to near-term earnings power.

Wheeler River remains central

Yahoo Finance highlighted Denison Mines as a Toronto-based uranium explorer and developer with a 95 percent interest in the Wheeler River uranium project. That asset remains the core operating reference point for the company, because the latest report still points to a modest revenue base.

Stockstotrade said the quarter also included operating revenue of about $0.7 million and an operating loss of about $17.6 million, with earnings of $0.03 per share tied mainly to non-operating items. That mix helps explain why the current share price still tracks project progress, analyst tone and uranium sentiment more than operating profit.

Go deeper

Denison Mines investor page and company basics

The investor page is the fastest route to reports, releases and presentation material around the latest quarter and project updates.

Market level stays relevant

At C$4.45, the stock sits above the 50-day range floor of C$3.79 and below the 52-week high of C$6.04, with the market still trading the uranium story through price, volume and analyst comments. The C$6.13 consensus target shown by MarketBeat also leaves room for further re-rating if project visibility improves.

Denison Mines at a glance

  • Company: Denison Mines Corp.
  • ISIN: CA2483561072
  • Ticker: DML
  • Trading venue: Toronto Stock Exchange
  • Price (as of September 3, 2026): C$4.45
  • Market capitalization: C$4.03 billion (as of September 3, 2026)
  • Sector / Industry: Energy / Uranium
  • Index membership: TSX Composite

Wheeler River in view

Wheeler River is the representative project because it is the clearest operating bridge between Denison Mines' current balance sheet and future production expectations. The 95 percent interest cited by Yahoo Finance makes that project the key product-style reference for the company narrative.

C$4.45 on the board

The stock finished at C$4.45 as of September 3, 2026, with a daily change of -0.67 percent. That keeps Denison Mines near the center of its recent trading band rather than at the top or bottom of the range.

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