Are Analysts Too Bullish On Denison Mines Corp (DNN)

Denison Mines Corp (AMEX:DNN) currently has a daily average trading volume of 18.18M but it saw 28776857 shares traded in last market. With a market cap of 2.59B USD, the company’s current market price of $2.08 came falling about -3.26 while comparing to the previous closing price of $2.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.47 and as low as $1.40. In the recent trading on the day, stock has struck highest price mark of $2.06 while lowest mark touched by it was $2.2.

Taking a look at 20-day trading activity of Denison Mines Corp (DNN) gives us an average price of $2.15, while its current price level is -15.79% below from 52-week high level whereas it is 48.57% 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 $1.92 while that of 200 days or SMA-200 reads an average of $1.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.12% during that period while stretching the period over a month that decreases to 5.99%. 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 51.60 which implies that the stock is in neutral territory.

Over the week, DNN’s stock price is moving 1.96% up while it is 7.77% when we observe its performance for the past one month. Year-to-date it is 17.51% up and over the past year, the stock is showing an upside performance of 25.30%.

Currently, Denison Mines Corp’s total number of outstanding shares is 890.97M. Company’s return on investment (ROI) stands at 8.65% and return on equity (ROE) at 10.52%. It has a price to earnings ratio (P/E ratio) of 47.27. Stock’s beta reads 1.69. Stock has a price to book (P/B) ratio of 4.29 while price to sale or P/S ratio amounts to 338.21. Its return on asset (ROA) is 8.94% on average.