Denison Mines Corp (AMEX:DNN) shares, rose in value, with the stock price down by -0.75% to the previous day’s close as strong demand from buyers drove the stock to $1.32.
Actively observing the price movement in the recent trading, the stock is buoying the session at $1.33, falling within a range of $1.31 and $1.37. The value of beta (5-year monthly) is 2.332. Referring to stock’s 52-week performance, its high was $2.47, and the low was $1.08. On the whole, DNN has fluctuated by -11.41% over the past month.
With the market capitalization of Denison Mines Corp currently standing at about $1.18 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 9.22M, 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 50% 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 100% Sell.
The stock’s technical analysis shows that the price of DNN currently trading nearly 0.11% and -8.73% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.31, while the 7-day volatility ratio is showing 6.39% which for the 30-day chart, stands at 7.00%. Furthermore, Denison Mines Corp (DNN)’s beta value is 1.39, 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 -0.75% in today’s session so far, and over the past year, it shrunk by -34.98%%.
Data on historical trading for Denison Mines Corp (AMEX:DNN) indicates that the trading volumes over the past 10 days have averaged 80.64 and over the past 3 months, they’ve averaged 59.94 million. According to company’s latest data on outstanding shares, there are 895.71 million shares outstanding.
Nearly 0.87% of Denison Mines Corp’s shares belong to company insiders and institutional investors own 48.87% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 67.99 million shares as on 2025-03-31, resulting in a short ratio of 1.08. The stock has fallen by -26.67% 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.
