Financial Post reported stocks in both Denison Mines (TSX:DML) and Energy Fuels (TSX:EFR) rose on Tuesday as investors showed approval for the pending sell of uranium assets.
As quoted in the market news:
In the long term, namely the one-year targets set by the analysts, there is cause for some concern. Of the three analysts who cover Denison, two of them have lowered their targets on Denison, according to Bloomberg: RBC’s Adam Schatzker cut his target to $1.50 from $2 while TD’s Craig Miller lowered the target to $1 from $1.50. BMO’s Edward Sterck maintained his target at $1.90.