Denison Mines Corp (AMEX:DNN) shares, rose in value on Wednesday, March 26, with the stock price down by -2.72% to the previous day’s close as strong demand from buyers drove the stock to $1.43.
Actively observing the price movement in the last trading, the stock closed the session at $1.47, falling within a range of $1.42 and $1.475. The value of beta (5-year monthly) was 2.102. Referring to stock’s 52-week performance, its high was $2.47, and the low was $1.27. On the whole, DNN has fluctuated by -3.38% over the past month.
With the market capitalization of Denison Mines Corp currently standing at about $1.28 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-13.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.54M, with a low estimate of 801k and a high estimate of 801k. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 801k.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DNN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of DNN currently trading nearly -0.31% and -12.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.55, while the 7-day volatility ratio is showing 5.54% which for the 30-day chart, stands at 6.45%. Furthermore, Denison Mines Corp (DNN)’s beta value is 1.81, and its average true range (ATR) is 0.09.
A comparison of Denison Mines Corp (DNN) with its peers suggests the former has fared considerably weaker in the market. DNN showed an intraday change of -2.72% in last session, and over the past year, it shrunk by -26.29%%.
Data on historical trading for Denison Mines Corp (AMEX:DNN) indicates that the trading volumes over the past 10 days have averaged 54.8 and over the past 3 months, they’ve averaged 47.70 million. According to company’s latest data on outstanding shares, there are 895.71 million shares outstanding.
Nearly 0.84% of Denison Mines Corp’s shares belong to company insiders and institutional investors own 49.71% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 62.94 million shares as on 2025-03-14, resulting in a short ratio of 1.1. The stock has fallen by -20.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DNN stock heading into the next quarter.
