Denison Mines Corp (DNN) recent activity suggests a positive outlook with the last week’s performance of 13.16%

Denison Mines Corp (AMEX: DNN) on Monday, soared 2.38% from the previous trading day, before settling in for the closing price of $1.68. Within the past 52 weeks, DNN’s price has moved between $1.08 and $2.47.

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Annual sales at Energy sector company slipped by -24.18% over the past five years. The company achieved an average annual earnings per share of -4.01%. 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

Observing investor behavior towards Uranium industry stocks is more important than anything else. The insider ownership of Denison Mines Corp is 1.25%, while institutional ownership is 51.29%.

Denison Mines Corp (DNN) Latest Financial update

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 -4.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 34.91% 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 3.09 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 471.47.

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)

Denison Mines Corp (AMEX: DNN) saw its 5-day average volume 175.18 million, a positive change from its year-to-date volume of 67.84 million. As of the previous 9 days, the stock’s Stochastic %D was 57.90%. Additionally, its Average True Range was 0.10.

During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 60.38%, which indicates a significant decrease from 78.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.58% in the past 14 days, which was higher than the 66.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.4410, while its 200-day Moving Average is $1.7499. Nevertheless, the first resistance level for the watch stands at $1.7867 in the near term. At $1.8533, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.8967. If the price goes on to break the first support level at $1.6767, it is likely to go to the next support level at $1.6333. The third support level lies at $1.5667 if the price breaches the second support level.

Denison Mines Corp (AMEX: DNN) Key Stats

Market capitalization of the company is 1.54 billion based on 896,253K outstanding shares. Right now, sales total 2,940 K and income totals -66,500 K. The company made 960 K in profit during its latest quarter, and -30,320 K in sales during its previous quarter.

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