Denison Mines Q1 Adjusted Loss Narrows, Revenue Falls

MT Newswires Live05-13

Denison Mines (DNN) reported a Q1 adjusted loss late Tuesday of 0.02 Canadian dollar ($0.015) per diluted share, narrowing from a loss of CA$0.05 a year earlier.

Analysts polled by FactSet expected a non-GAAP loss of CA$0.02.

Revenue for the quarter ended March 31 was CA$1.1 million, down from CA$1.4 million a year earlier.

A single analyst surveyed by FactSet expected CA$1.1 million.

The company's shares were up 1.4% in premarket activity Wednesday.

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