Denison Mines Corp (DNN) with a beta value of 1.27 appears to be a promising investment opportunity.

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On Tuesday, Denison Mines Corp (AMEX: DNN) opened higher 10.43% from the last session, before settling in for the closing price of $2.78. Price fluctuations for DNN have ranged from $1.08 to $3.42 over the past 52 weeks.

During the last 5-year period, the sales drop of Energy Sector giant was -26.28%. Company’s average yearly earnings per share was noted 2.29% at the time writing. With a float of $886.43 million, this company’s outstanding shares have now reached $896.42 million.

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 1.13%, while institutional ownership is 57.27%.

Denison Mines Corp (DNN) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.02 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.01) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.70% 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

Check out the current performance indicators for Denison Mines Corp (DNN). In the past quarter, the stock posted a quick ratio of 3.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 852.14.

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 -0.04 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 89.58 million, which is a jump from its year-to-date volume of 80.99 million. As of the previous 9 days, the stock’s Stochastic %D was 35.74%.

During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 81.18%, which indicates a significant increase from 57.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.22 in the past 14 days, which was higher than the 0.13 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.61, while its 200-day Moving Average is $1.91. However, in the short run, Denison Mines Corp’s stock first resistance to watch stands at $3.19. Second resistance stands at $3.30. The third major resistance level sits at $3.44. If the price goes on to break the first support level at $2.93, it is likely to go to the next support level at $2.79. Now, if the price goes above the second support level, the third support stands at $2.68.

Denison Mines Corp (AMEX: DNN) Key Stats

There are currently 896,618K shares outstanding in the company with a market cap of 2.75 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 920 K and its income totaled 9,040 K.

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