Denison Mines Corp (AMEX:DNN) price on current trading day, rose 1.99% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.52.
A look at the stock’s price movement, the level at last check in today’s session was $1.49, moving within a range at $1.44 and $1.53. The beta value (5-Year monthly) was 2.102. Turning to its 52-week performance, $2.47 and $1.27 were the 52-week high and 52-week low respectively. Overall, DNN moved -5.02% over the past month.
Denison Mines Corp’s market cap currently stands at around $1.36 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-13.
Analysts have a consensus estimate of 801k for the company’s revenue for the quarter, with a low and high estimate of 801k and 801k respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 7.54M, representing a 170.28% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DNN is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend DNN as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DNN’s current price about 5.39% and -9.49% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.94, while 7-day volatility ratio is 4.90% and 6.22% in the 30-day chart. Further, Denison Mines Corp (DNN) has a beta value of 1.79, and an average true range (ATR) of 0.09. Analysts have given the company’s stock an average 52-week price target of $2.6, forecast between a low of $2.6 and high of $2.6. Looking at the price targets, the low is -71.05% off recent price level in today’s trading while to achieve the yearly target high, it has to move -71.05%. Nonetheless, investors will most likely welcome a -71.05% jump to $2.6 which is the analysts’ median price.
If we refocus on Denison Mines Corp (AMEX:DNN), historical trading data shows that trading volumes averaged 60.43 over the past 10 days and 45.16 million over the past 3 months. The company’s latest data on shares outstanding shows there are 895.71 million shares.
The 0.84% of Denison Mines Corp’s shares are in the hands of company insiders while institutional holders own 49.73% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 54.51 million on 2025-02-28, giving us a short ratio of 1.1. Current price change has pushed the stock -15.57% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DNN stock continues to rise going into the next quarter.
