13.82% percent quarterly performance for Denison Mines Corp (DNN) is not indicative of the underlying story

Steve Mayer

A new trading day began on Tuesday, with Denison Mines Corp (AMEX: DNN) stock price up 6.47% from the previous day of trading, before settling in for the closing price of $2.32. DNN’s price has ranged from $1.08 to $3.42 over the past 52 weeks.

Energy Sector giant saw their annual sales slid by -26.28% over the last five years. Meanwhile, its annual earnings per share averaged -74.65%. With a float of $889.64 million, this company’s outstanding shares have now reached $897.19 million.

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 0.85%, while institutional ownership is 61.67%.

Denison Mines Corp (DNN) Earnings and Forecasts

In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.03 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 -74.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.55% 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 11.78. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 636.87.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.05 in one year’s time.

Technical Analysis of Denison Mines Corp (DNN)

Analysing the last 5-days average volume posted by the [Denison Mines Corp, DNN], we can find that recorded value of 64.62 million was lower than the volume posted last year of 80.29 million. As of the previous 9 days, the stock’s Stochastic %D was 35.01%.

During the past 100 days, Denison Mines Corp’s (DNN) raw stochastic average was set at 45.71%, which indicates a significant decrease from 56.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.14 in the past 14 days, which was higher than the 0.14 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.75, while its 200-day Moving Average is $1.98. Now, the first resistance to watch is $2.55. This is followed by the second major resistance level at $2.63. The third major resistance level sits at $2.76. If the price goes on to break the first support level at $2.34, it is likely to go to the next support level at $2.21. Should the price break the second support level, the third support level stands at $2.13.

Denison Mines Corp (AMEX: DNN) Key Stats

With a market capitalization of 2.22 billion, the company has a total of 897,187K Shares Outstanding. Currently, annual sales are 2,940 K while annual income is -66,500 K. The company’s previous quarter sales were 760 K while its latest quarter income was -97,970 K.

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