Denison Mines Corp (AMEX: DNN) on Friday, plunged -3.15% from the previous trading day, before settling in for the closing price of $2.86. Within the past 52 weeks, DNN’s price has moved between $1.08 and $2.95.
It was noted that within the last five years, the titan of the Energy sector saw sales slided by -26.28%. The company achieved an average annual earnings per share of 2.54%. With a float of $885.02 million, this company’s outstanding shares have now reached $896.42 million.
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 1.29%, while institutional ownership is 55.77%.
Denison Mines Corp (DNN) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.02 earnings per share (EPS) for the period falling under the consensus outlook (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 2.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 21.61% 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 3.79 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 768.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.07, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.04 in one year’s time.
Technical Analysis of Denison Mines Corp (DNN)
The latest stats from [Denison Mines Corp, DNN] show that its last 5-days average volume of 109.14 million was superior to 77.77 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 71.65%.
During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 88.46%, which indicates a significant increase from 70.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.15 in the past 14 days, which was higher than the 0.11 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.28, while its 200-day Moving Average is $1.81. Now, the first resistance to watch is $2.88. This is followed by the second major resistance level at $3.00. The third major resistance level sits at $3.06. If the price goes on to break the first support level at $2.70, it is likely to go to the next support level at $2.64. The third support level lies at $2.52 if the price breaches the second support level.
Denison Mines Corp (AMEX: DNN) Key Stats
Market capitalization of the company is 2.48 billion based on 896,553K outstanding shares. Right now, sales total 2,940 K and income totals -66,500 K. The company made 920 K in profit during its latest quarter, and 9,040 K in sales during its previous quarter.
