Denison Mines Corp (AMEX: DNN) Emerges As Guiding Light For Investors

Denison Mines Corp (AMEX:DNN) currently has a daily average trading volume of 14.87M but it saw 20864068 shares traded in last market. With a market cap of 1.95B USD, the company’s current market price of $2.19 came rising about 3.30 while comparing to the previous closing price of $2.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.24 and as low as $0.99.

Taking a look at 20-day trading activity of Denison Mines Corp (DNN) gives us an average price of $2.01, while its current price level is -2.23% below from 52-week high level whereas it is 120.70% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.95 while that of 200 days or SMA-200 reads an average of $1.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.55% during that period while stretching the period over a month that decreases to 4.75%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 64.43 which implies that the stock is in neutral territory.

Over the week, DNN’s stock price is moving 1.39% up while it is 20.33% when we observe its performance for the past one month. Year-to-date it is 23.73% up and over the past year, the stock is showing an upside performance of 108.57%.

The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.03 beat the consensus estimate of -$0.01 for the same. For DNN, analysts are forecasting an EPS-growth rate of -137.50% for current year and estimate for EPS growth in next year is -33.30%.

Currently, Denison Mines Corp’s total number of outstanding shares is 890.97M with 0.37% of that held by the insiders while 49.80% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.48% and return on equity (ROE) at 10.52%. It has a price to earnings ratio (P/E ratio) of 49.77. Stock’s beta reads 1.68. Stock has a price to book (P/B) ratio of 4.72 while price to sale or P/S ratio amounts to 255.02. Its return on asset (ROA) is 8.94% on average.