Denison Mines Corp (AMEX: DNN) kicked off on Monday, up 1.83% from the previous trading day, before settling in for the closing price of $2.19. Over the past 52 weeks, DNN has traded in a range of $1.40-$2.47.
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Annual sales at Energy sector company slipped by -19.81% over the past five years. While this was happening, its average annual earnings per share was recorded -166.61%. With a float of $880.78 million, this company’s outstanding shares have now reached $890.97 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
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 46.61%.
Denison Mines Corp (DNN) Latest Financial update
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 -166.61% 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 259.79.
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)
Denison Mines Corp (AMEX: DNN) saw its 5-day average volume 19.3 million, a positive change from its year-to-date volume of 16.39 million. As of the previous 9 days, the stock’s Stochastic %D was 61.20%. Additionally, its Average True Range was 0.11.
During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 83.00%, which indicates a significant increase from 70.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.09% in the past 14 days, which was higher than the 61.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.80, while its 200-day Moving Average is $1.95. Nevertheless, the first resistance level for the watch stands at $2.28 in the near term. At $2.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.40. If the price goes on to break the first support level at $2.16, it is likely to go to the next support level at $2.09. The third support level lies at $2.04 if the price breaches the second support level.
Denison Mines Corp (AMEX: DNN) Key Stats
The company with the Market Capitalisation of 1.99 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.
