A new trading day began on May 19, 2023, with Denison Mines Corp. (AMEX: DNN) stock priced at $1.09, down -2.73% from the previous day of trading. During the day, the shares moved up to $1.11 and dropped to $1.06 before settling in for the closing price of $1.10. DNN’s price has ranged from $0.91 to $1.53 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 1.10%. Meanwhile, its annual earnings per share averaged -26.70%. With a float of $810.72 million, this company’s outstanding shares have now reached $832.83 million.
Considering the fact that the conglomerate employs 66 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -156.66, operating margin of -205.45, and the pretax margin is +88.36.
Denison Mines Corp. (DNN) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Uranium Industry. The insider ownership of Denison Mines Corp. is 12.00%, while institutional ownership is 7.30%.
Denison Mines Corp. (DNN) Recent Fiscal highlights
In its latest quarterly report, released on 3/30/2023, the company reported earnings of $0 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +84.71 while generating a return on equity of 3.45. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -26.70% per share during the next fiscal year.
Denison Mines Corp. (AMEX: DNN) Trading Performance Indicators
Here are Denison Mines Corp.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 89.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.02 in one year’s time.
Technical Analysis of Denison Mines Corp. (DNN)
Compared to the last year’s volume of 4.52 million, its volume of 1.75 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 28.43%. Additionally, its Average True Range was 0.05.
During the past 100 days, Denison Mines Corp.’s (DNN) raw stochastic average was set at 24.34%, which indicates a significant decrease from 37.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.79% in the past 14 days, which was lower than the 48.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0473, while its 200-day Moving Average is $1.1889. Nevertheless, the first resistance level for the watch stands at $1.1000 in the near term. At $1.1300, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1500. If the price goes on to break the first support level at $1.0500, it is likely to go to the next support level at $1.0300. Now, if the price goes above the second support level, the third support stands at $1.0000.
Denison Mines Corp. (AMEX: DNN) Key Stats
With a market capitalization of 922.40 million, the company has a total of 835,504K Shares Outstanding. Currently, annual sales are 13,030 K while annual income is 11,040 K. The company’s previous quarter sales were 800 K while its latest quarter income was -1,770 K.
