Denison Mines Corp (AMEX: DNN) on Thursday, soared 3.76% from the previous trading day, before settling in for the closing price of $1.33. Within the past 52 weeks, DNN’s price has moved between $1.08 and $2.47.
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A company in the Energy sector has jumped its sales by 3.39% annually for the last half of the decade. The company achieved an average annual earnings per share of 23.82%. 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 Updates
Observing investor behavior towards Uranium industry stocks is more important than anything else. The insider ownership of Denison Mines Corp is 0.87%, while institutional ownership is 49.85%.
Denison Mines Corp (DNN) Performance Highlights and Predictions
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 23.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.70% 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
Denison Mines Corp (DNN) is currently performing well based on its current performance indicators. A quick ratio of 3.54 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 421.88.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 69.3 million. That was better than the volume of 55.59 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 85.48%. Additionally, its Average True Range was 0.09.
During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 21.58%, which indicates a significant decrease from 96.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.24% in the past 14 days, which was higher than the 62.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4474, while its 200-day Moving Average is $1.8083. However, in the short run, Denison Mines Corp’s stock first resistance to watch stands at $1.4100. Second resistance stands at $1.4400. The third major resistance level sits at $1.4900. If the price goes on to break the first support level at $1.3300, it is likely to go to the next support level at $1.2800. Assuming the price breaks the second support level, the third support level stands at $1.2500.
Denison Mines Corp (AMEX: DNN) Key Stats
Market capitalization of the company is 1.24 billion based on 896,208K outstanding shares. Right now, sales total 2,940 K and income totals -66,500 K. The company made 840 K in profit during its latest quarter, and -21,210 K in sales during its previous quarter.
