Denison Mines Corp (AMEX: DNN) is -12.43% lower on its value in year-to-date trading and has touched a low of $1.40 and a high of $2.47 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DNN stock was last observed hovering at around $1.57 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.55, the stock is -1.74% and -11.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.74 million and changing -1.27% at the moment leaves the stock -19.27% off its SMA200. DNN registered -1.90% loss for a year compared to 6-month loss of -17.55%.
The stock witnessed a -3.73% gain in the last 1 month and extending the period to 3 months gives it a -24.76%, and is 7.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.39% over the week and 5.43% over the month.
Denison Mines Corp (DNN) has around 64 employees, a market worth around $1.38B and $7.66M in sales. Current P/E ratio is 35.23. Profit margin for the company is 489.16%. Distance from 52-week low is 10.71% and -37.25% from its 52-week high. The company has generated returns on investments over the last 12 months (8.13%).
The EPS is expected to shrink by -166.15% this year.
Denison Mines Corp (DNN) Top Institutional Holders
284.0 institutions hold shares in Denison Mines Corp (DNN), with institutional investors hold 55.79% of the company’s shares. The shares outstanding are 890.97M, and float is at 880.78M with Short Float at 5.04%. Institutions hold 55.62% of the Float.
The top institutional shareholder in the company is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with over 67.29 million shares valued at $134.75 million. The investor’s holdings represent 7.542% of the DNN Shares outstanding. As of 2024-06-30, the second largest holder is ALPS ADVISORS INC with 59.4 million shares valued at $118.2 million to account for 6.6569 of the shares outstanding. The other top investors are FMR LLC which holds 35.3 million shares representing 3.9608% and valued at over $70.7 million, while HOOD RIVER CAPITAL MANAGEMENT LLC holds 2.8315 of the shares totaling 25.26 million with a market value of $50.27 million.
Denison Mines Corp (DNN) Insider Activity
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