A new trading day began on Monday, with Denison Mines Corp (AMEX: DNN) stock price up 1.68% from the previous day of trading, before settling in for the closing price of $1.79. DNN’s price has ranged from $1.08 to $2.47 over the past 52 weeks.
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During the last 5-year period, the sales drop of Energy Sector giant was -26.28%. Meanwhile, its annual earnings per share averaged -3.72%. 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 Activity
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 51.47%.
Denison Mines Corp (DNN) Earnings and Forecasts
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 -3.72% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 33.06% 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 498.89.
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 131.87 million, which is a jump from its year-to-date volume of 80.97 million. As of the previous 9 days, the stock’s Stochastic %D was 62.88%.
During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 90.24%, which indicates a significant increase from 76.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.12% in the past 14 days, which was higher than the 63.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5764, while its 200-day Moving Average is $1.7622. However, in the short run, Denison Mines Corp’s stock first resistance to watch stands at $1.8600. Second resistance stands at $1.9000. The third major resistance level sits at $1.9500. If the price goes on to break the first support level at $1.7700, it is likely to go to the next support level at $1.7200. Should the price break the second support level, the third support level stands at $1.6800.
Denison Mines Corp (AMEX: DNN) Key Stats
With a market capitalization of 1.63 billion, the company has a total of 896,375K 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.
