Denison Mines Corp (AMEX:DNN) shares, rose in value on Wednesday, June 18, with the stock price up by 0.55% to the previous day’s close as strong demand from buyers drove the stock to $1.84.
Actively observing the price movement in the last trading, the stock closed the session at $1.83, falling within a range of $1.78 and $1.84. The value of beta (5-year monthly) was 1.929. 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 30.50% over the past month.
With the market capitalization of Denison Mines Corp currently standing at about $1.65 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-12.
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% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of DNN currently trading nearly 10.88% and 22.31% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.00, while the 7-day volatility ratio is showing 6.04% which for the 30-day chart, stands at 5.44%. Furthermore, Denison Mines Corp (DNN)’s beta value is 1.47, and its average true range (ATR) is 0.11.
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 0.55% in last session, and over the past year, it shrunk by -10.68%%.
Data on historical trading for Denison Mines Corp (AMEX:DNN) indicates that the trading volumes over the past 10 days have averaged 201.73 and over the past 3 months, they’ve averaged 96.59 million. According to company’s latest data on outstanding shares, there are 896.21 million shares outstanding.
Nearly 1.25% of Denison Mines Corp’s shares belong to company insiders and institutional investors own 51.44% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 77.66 million shares as on 2025-05-30, resulting in a short ratio of 0.92. The stock has risen by 2.22% 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.
