On Friday, Denison Mines Corp (AMEX: DNN) was 5.65% up from the session before settling in for the closing price of $1.24. A 52-week range for DNN has been $1.08 – $2.47.
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
During the last 5-year period, the sales growth of Energy Sector giant was 3.39%. When this article was written, the company’s average yearly earnings per share was at 24.79%. With a float of $887.97 million, this company’s outstanding shares have now reached $895.71 million.
In terms of profitability, gross margin is -589.36%, operating margin of -1181.95%, and the pretax margin is -2268.08%.
Denison Mines Corp (DNN) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Denison Mines Corp stocks. The insider ownership of Denison Mines Corp is 0.87%, while institutional ownership is 49.36%.
Denison Mines Corp (DNN) Earnings and Forecasts
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 24.79% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.74% during the next five years compared to -26.28% drop over the previous five years of trading.
Denison Mines Corp (AMEX: DNN) Trading Performance Indicators
You can see what Denison Mines Corp (DNN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 400.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.07, a number that is poised to hit -0.02 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 86.2 million, which is a jump from its year-to-date volume of 54.78 million. As of the previous 9 days, the stock’s Stochastic %D was 71.06%. Additionally, its Average True Range was 0.10.
During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 16.55%, which indicates a significant decrease from 53.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.02% in the past 14 days, which was higher than the 63.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4872, while its 200-day Moving Average is $1.8227. However, in the short run, Denison Mines Corp’s stock first resistance to watch stands at $1.3433. Second resistance stands at $1.3767. The third major resistance level sits at $1.4233. If the price goes on to break the first support level at $1.2633, it is likely to go to the next support level at $1.2167. Should the price break the second support level, the third support level stands at $1.1833.
Denison Mines Corp (AMEX: DNN) Key Stats
There are 896,208K outstanding shares of the company, which has a market capitalization of 1.17 billion. As of now, sales total 2,940 K while income totals -66,500 K. Its latest quarter income was 840 K while its last quarter net income were -21,210 K.