A new trading day began on Monday, with Denison Mines Corp (AMEX: DNN) stock price down -4.40% from the previous day of trading, before settling in for the closing price of $1.59. DNN’s price has ranged from $1.08 to $2.47 over the past 52 weeks.
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A company in the Energy sector has dropped its sales by -24.18% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -3.95%. With a float of $885.12 million, this company’s outstanding shares have now reached $896.21 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Uranium Industry. The insider ownership of Denison Mines Corp is 1.25%, while institutional ownership is 51.19%.
Denison Mines Corp (DNN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -3.95% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 34.92% 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
Here are Denison Mines Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 416.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.09, 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 179.63 million. That was better than the volume of 62.63 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.15%. Additionally, its Average True Range was 0.09.
During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 41.51%, which indicates a significant increase from 33.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.63% in the past 14 days, which was higher than the 63.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4198, while its 200-day Moving Average is $1.7475. However, in the short run, Denison Mines Corp’s stock first resistance to watch stands at $1.5900. Second resistance stands at $1.6600. The third major resistance level sits at $1.7000. If the price goes on to break the first support level at $1.4800, it is likely to go to the next support level at $1.4400. The third support level lies at $1.3700 if the price breaches the second support level.
Denison Mines Corp (AMEX: DNN) Key Stats
With a market capitalization of 1.36 billion, the company has a total of 896,253K Shares Outstanding. Currently, annual sales are 2,940 K while annual income is -66,500 K. The company’s previous quarter sales were 960 K while its latest quarter income was -30,320 K.
