Denison Mines Corp (AMEX:DNN) traded at $2.03 at close of the session on Friday, April 26, made an upward move of 3.05% on its previous day’s price.
Looking at the stock we see that its previous close was $1.97 . The company has a trailing 12-month PE ratio of 46.14. In terms of its 52-week price range, DNN has a high of $2.25 and a low of $1.00. The company’s stock has gained about 4.10% over that past 30 days.
Denison Mines Corp has a market cap of $1.81 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.01, with the EPS growth for the year raised at -$0.03 for 2024 and -$0.04 for next year. These figures represent -137.50% and -33.30% growth in EPS for the two years respectively.
According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $3.29 million, or 142.70% up from figures reported last year.
On the other hand, looking at the outlook for the DNN stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is -1.55% off its SMA20 and 4.47% from its 50-day simple moving average. The RSI (14) is pointing at 52.24 while the volatility over the past week is 4.96% and jumps to 5.17% over the past one month. The beta value is 1.68, while the average true range (ATR) is currently pointing at 0.10.
Coming back to Denison Mines Corp (AMEX:DNN), we note that the average 3-month trading volume was 14.68 million. Current shares outstanding are 890.97 million.
The insiders hold 1.48% of the company’s shares while institutions hold 45.03%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 14.69% up in year-to-date price movement.
