Denison Mines Corp (AMEX: DNN) Recovers 40.00% From 52-Week Low, Is DNN Still A High-Risk, High-Reward Play?

Denison Mines Corp (AMEX:DNN) currently has a daily average trading volume of 22.06M but it saw 36490003 shares traded in last market. With a market cap of 1.75B USD, the company’s current market price of $1.96 came falling about -0.51 while comparing to the previous closing price of $1.97. 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 $1.89 while lowest mark touched by it was $2.0.

Taking a look at 20-day trading activity of Denison Mines Corp (DNN) gives us an average price of $1.9975, while its current price level is -20.65% below from 52-week high level whereas it is 40.00% 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 $2.1186 while that of 200 days or SMA-200 reads an average of $1.9940. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.52% during that period while stretching the period over a month that decreases to 5.17%. 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 45.26 which implies that the stock is in neutral territory.

Over the week, DNN’s stock price is moving 8.89% up while it is -14.41% when we observe its performance for the past one month. Year-to-date it is 8.89% up and over the past year, the stock is showing an upside performance of 17.37%.

Currently, Denison Mines Corp’s total number of outstanding shares is 892.60M. Stock’s beta reads 1.76. Stock has a price to book (P/B) ratio of 4.04.