Denison Mines Corp (AMEX: DNN) kicked off on Monday, down -3.78% from the previous trading day, before settling in for the closing price of $2.38. Over the past 52 weeks, DNN has traded in a range of $1.40-$2.47.
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During the last 5-year period, the sales drop of Energy Sector giant was -19.81%. While this was happening, its average annual earnings per share was recorded -166.90%. With a float of $880.78 million, this company’s outstanding shares have now reached $890.97 million.
Let’s determine the extent of company efficiency that accounts for 64 employees. In terms of profitability, gross margin is 4324.56%, operating margin of 9661.74%, and the pretax margin is -9745.91%.
Denison Mines Corp (DNN) Insider Activity
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 46.56%.
Denison Mines Corp (DNN) Earnings and Forecasts
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 -166.90% 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 266.78.
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)
Looking closely at Denison Mines Corp (AMEX: DNN), its last 5-days average volume was 35.15 million, which is a jump from its year-to-date volume of 16.32 million. As of the previous 9 days, the stock’s Stochastic %D was 87.09%. Additionally, its Average True Range was 0.11.
During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 83.18%, which indicates a significant increase from 81.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.09% in the past 14 days, which was higher than the 62.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.74, while its 200-day Moving Average is $1.93. However, in the short run, Denison Mines Corp’s stock first resistance to watch stands at $2.38. Second resistance stands at $2.47. The third major resistance level sits at $2.54. If the price goes on to break the first support level at $2.22, it is likely to go to the next support level at $2.15. Should the price break the second support level, the third support level stands at $2.06.
Denison Mines Corp (AMEX: DNN) Key Stats
The company with the Market Capitalisation of 2.04 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.
