More To Go Or Is It Over? – Denison Mines Corp (DNN)

Denison Mines Corp (AMEX:DNN) does about 16.50M shares in volume on a normal day but saw 20730711 shares change hands in Friday trading. The company now has a market cap of 1.78B USD. Its current market price is $1.99, marking a decrease of -5.24% compared to the previous close of $2.10. The 52 week high reached by this stock is $2.47 whilst the lowest price level in 52 weeks is $1.15.

Denison Mines Corp (DNN) has a 20-day trading average at $2.1145 and the current price is -19.43% off the 52-week high compared with 73.04% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.1274 and its 200-day simple moving average is $1.8803. If we look at the stock’s price movements over the week, volatility stands at 4.62%, which decreases to 4.45% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 41.53 to suggest the stock is neutral.

The consensus objective for the share price is $2.43, suggesting that the stock has a potential upside of 18.11% over the period.

Denison Mines Corp (DNN) stock is down -1.49% over the week and -17.77% over the past month. Its price is 12.43% year-to-date and 64.46% over the past year.

To reach the target analysts have set, the stock logically needs to grow 18.11 percent from here.

The company has a return on investment of 8.13% and return on equity of 10.52%. The price to earnings ratio (P/E ratio) amounts to 45.23. The beta has a value of 1.73. Price to book ratio is 3.85 and price to sales ratio is 231.80.