Denison Mines Corp (AMEX:DNN) price closed lower on Friday, April 12, dropping -3.65% below its previous close.
A look at the daily price movement shows that the last close reads $2.19. The company’s 5Y monthly beta was ticking 1.90 while its P/E ratio in the trailing 12-month period read 47.95. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.24 and 52-week low of $0.99. The stock added 17.88% on its value in the past month.
Denison Mines Corp, which has a market valuation of $1.88 billion, is expected to release its quarterly earnings report May 08, 2024 – May 13, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give DNN a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that DNN’s price is at present 5.16% off the SMA20 and 8.22% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 57.18, with weekly volatility standing at 6.03%. The indicator jumps to 4.82% when calculated based on the past 30 days. Denison Mines Corp (AMEX:DNN)’s beta value is holding at 1.68, while the average true range (ATR) indicator is currently reading 0.10. An analysis of the Denison Mines Corp (AMEX:DNN) stock in terms of its daily trading volume indicates that the 3-month average is 14.97 million.
Current records show that the company has 890.97M in outstanding shares. The insiders’ percentage holdings are 1.48% of outstanding shares while the percentage share held by institutions stands at 44.99%. But the 19.21% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
