5.61% volatility in Denison Mines Corp (DNN) last month: This is a red flag warning

Denison Mines Corp (AMEX: DNN) On Monday, started off the session at the price of On Monday, remained unchanged from the previous trading day, before settling in for the closing price of $2.04. Within the past 52 weeks, DNN’s price has moved between $1.40 and $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. The company achieved an average annual earnings per share of -169.94%. 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. 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 Updates

Observing investor behavior towards Uranium industry stocks is more important than anything else. The insider ownership of Denison Mines Corp is 1.30%, while institutional ownership is 46.28%.

Denison Mines Corp (DNN) Performance Highlights and Predictions

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.03 earnings per share (EPS) for the period topping the consensus outlook (set at -0.01) by 0.04. 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 -169.94% per share during the next fiscal year.

Denison Mines Corp (AMEX: DNN) Trading Performance Indicators

Denison Mines Corp (DNN) is currently performing well based on its current performance indicators. A quick ratio of 6.09 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 322.85.

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 17.48 million. That was better than the volume of 16.4 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.36%. Additionally, its Average True Range was 0.11.

During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 64.00%, which indicates a significant increase from 23.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.78% in the past 14 days, which was lower than the 61.01% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.89, while its 200-day Moving Average is $1.95. However, in the short run, Denison Mines Corp’s stock first resistance to watch stands at $2.08. Second resistance stands at $2.11. The third major resistance level sits at $2.17. If the price goes on to break the first support level at $1.99, it is likely to go to the next support level at $1.93. Assuming the price breaks the second support level, the third support level stands at $1.90.

Denison Mines Corp (AMEX: DNN) Key Stats

Market capitalization of the company is 2.47 billion based on 892,597K outstanding shares. Right now, sales total 1,370 K and income totals 66,950 K. The company made 970 K in profit during its latest quarter, and -11,670 K in sales during its previous quarter.