On Monday, Denison Mines Corp (AMEX: DNN) opened higher 12.73% from the last session, before settling in for the closing price of $1.65. Price fluctuations for DNN have ranged from $1.08 to $2.47 over the past 52 weeks.
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 drop of Energy Sector giant was -24.18%. Company’s average yearly earnings per share was noted -4.22% at the time writing. 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) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Uranium industry is another important factor to consider. The insider ownership of Denison Mines Corp is 1.25%, while institutional ownership is 51.46%.
Denison Mines Corp (DNN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -4.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 34.82% 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
Check out the current performance indicators for Denison Mines Corp (DNN). In the past quarter, the stock posted a quick ratio of 3.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 509.85.
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)
Looking closely at Denison Mines Corp (AMEX: DNN), its last 5-days average volume was 213.65 million, which is a jump from its year-to-date volume of 74.29 million. As of the previous 9 days, the stock’s Stochastic %D was 53.63%. Additionally, its Average True Range was 0.11.
During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 73.58%, which indicates a significant decrease from 89.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.76% in the past 14 days, which was higher than the 69.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.4784, while its 200-day Moving Average is $1.7506. However, in the short run, Denison Mines Corp’s stock first resistance to watch stands at $1.9333. Second resistance stands at $2.0067. The third major resistance level sits at $2.1133. If the price goes on to break the first support level at $1.7533, it is likely to go to the next support level at $1.6467. Now, if the price goes above the second support level, the third support stands at $1.5733.
Denison Mines Corp (AMEX: DNN) Key Stats
There are currently 896,349K shares outstanding in the company with a market cap of 1.67 billion. Presently, the company’s annual sales total 2,940 K according to its annual income of -66,500 K. Last quarter, the company’s sales amounted to 960 K and its income totaled -30,320 K.
