Denison Mines Corp (AMEX: DNN) kicked off on Monday, down -2.14% from the previous trading day, before settling in for the closing price of $1.87. Over the past 52 weeks, DNN has traded in a range of $1.40-$2.47.
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A company in the Energy sector has dropped its sales by -19.81% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -167.25%. With a float of $880.78 million, this company’s outstanding shares have now reached $890.97 million.
In an organization with 64 employees, it is important to assess its efficiency.
Denison Mines Corp (DNN) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Uranium Industry. The insider ownership of Denison Mines Corp is 1.30%, while institutional ownership is 46.30%.
Denison Mines Corp (DNN) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.05 earnings per share (EPS), higher than consensus estimate (set at -0.01) by 0.06. 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 -167.25% per share during the next fiscal year.
Denison Mines Corp (AMEX: DNN) Trading Performance Indicators
Take a look at Denison Mines Corp’s (DNN) current performance indicators. Last quarter, stock had a quick ratio of 6.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 213.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.04, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.03 in one year’s time.
Technical Analysis of Denison Mines Corp (DNN)
Let’s dig in a bit further. During the last 5-days, its volume was 20.33 million. That was better than the volume of 15.87 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.86%. Additionally, its Average True Range was 0.09.
During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 40.19%, which indicates a significant decrease from 76.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.08% in the past 14 days, which was lower than the 58.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.6602, while its 200-day Moving Average is $1.9146. However, in the short run, Denison Mines Corp’s stock first resistance to watch stands at $1.8800. Second resistance stands at $1.9300. The third major resistance level sits at $1.9800. If the price goes on to break the first support level at $1.7800, it is likely to go to the next support level at $1.7300. Assuming the price breaks the second support level, the third support level stands at $1.6800.
Denison Mines Corp (AMEX: DNN) Key Stats
The company with the Market Capitalisation of 1.63 billion has total of 892,356K Shares Outstanding. Its annual sales at the moment are 1,370 K in contrast with the sum of 66,950 K annual income. Company’s last quarter sales were recorded 970 K and last quarter income was -11,670 K.
