With 890.97M Outstanding Shares, Can Denison Mines Corp (AMEX: DNN) Deliver Big Short-Term Gains?

Denison Mines Corp (AMEX:DNN) currently has a daily average trading volume of 16.45M but it saw 11976014 shares traded in last market. With a market cap of 1.40B USD, the company’s current market price of $1.57 came rising about 2.61 while comparing to the previous closing price of $1.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.47 and as low as $1.29. In the recent trading on the day, stock has struck highest price mark of $1.53 while lowest mark touched by it was $1.61.

Taking a look at 20-day trading activity of Denison Mines Corp (DNN) gives us an average price of $1.7430, while its current price level is -36.44% below from 52-week high level whereas it is 21.71% 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 $1.9570 while that of 200 days or SMA-200 reads an average of $1.9302. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.65% during that period while stretching the period over a month that increases to 5.49%. 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 36.82 which implies that the stock is in neutral territory.

Over the week, DNN’s stock price is moving 4.67% up while it is -26.29% when we observe its performance for the past one month. Year-to-date it is -11.30% down and over the past year, the stock is showing an upside performance of 12.95%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.05 beat the consensus estimate of -0.01 for the same. In next quarter, company is expected to be making quarterly sales of $1.1M as analysts are expecting the sales for current fiscal year at $4.11M and seeing the company making $4.42M in sales next year. Moreover, analysts are in estimates of $1.1M for current-quarter revenue.

Currently, Denison Mines Corp’s total number of outstanding shares is 890.97M with 0.29% of that held by the insiders while 51.77% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.13% and return on equity (ROE) at 10.52%. It has a price to earnings ratio (P/E ratio) of 35.68. Stock’s beta reads 1.76. Stock has a price to book (P/B) ratio of 3.15 while price to sale or P/S ratio amounts to 182.88. Its return on asset (ROA) is 8.94% on average.