Denison Mines Corp (AMEX:DNN) price closed higher on Friday, May 03, jumping 0.95% above its previous close.
A look at the daily price movement shows that the last close reads $2.11. The company’s P/E ratio in the trailing 12-month period read 48.41. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.25 and 52-week low of $1.00. The stock subtracted -1.39% on its value in the past month.
Denison Mines Corp, which has a market valuation of $1.90 billion. Analysts tracking DNN have forecast the quarterly EPS to shrink by -0.01 per share this quarter, while the same analysts predict the annual EPS to hit -$0.03 for the year 2024 and up to -$0.04 for 2025. In this case, analysts estimate an annual EPS growth of -137.50% for the year and -33.30% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit -$, with the likely lows of -$ and highs of -$. Staying with the analyst view, there is a consensus estimate of $3.29 million for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 142.50% above that which the company brought in 2024.
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 3.85% off the SMA20 and 8.68% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 57.65, with weekly volatility standing at 5.76%. The indicator jumps to 5.39% when calculated based on the past 30 days. Denison Mines Corp (AMEX:DNN)’s beta value is holding at 1.70, while the average true range (ATR) indicator is currently reading 0.11.
An analysis of the Denison Mines Corp (AMEX:DNN) stock in terms of its daily trading volume indicates that the 3-month average is 15.24 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 44.10%. But the 20.34% 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.
