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Positives for Denison Mines Corp (DNN) as stock gains in recent trading

Denison Mines Corp (AMEX: DNN) is -2.78% 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 $1.82 in the last trading session, with the day’s loss setting it -0.07%.

Currently trading at $1.75, the stock is -9.07% and -14.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 66.19 million and changing -3.85% at the moment leaves the stock -11.62% off its SMA200. DNN registered -12.50% loss for a year compared to 6-month gain of -0.57%. The firm has a 50-day simple moving average (SMA 50) of $2.0616 and a 200-day simple moving average (SMA200) of $1.98155.

The stock witnessed a -2.78% loss in the last 1 month and extending the period to 3 months gives it a -18.60%, and is 1.16% 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 5.91% over the week and 6.19% over the month.

Distance from 52-week low is 25.00% and -29.15% from its 52-week high.

with sales reaching $801k over the same period.The EPS is expected to shrink by -172.25% this year, but quarterly earnings will post 117.23% year-over-year.

Denison Mines Corp (DNN) Top Institutional Holders

270.0 institutions hold shares in Denison Mines Corp (DNN), with institutional investors hold 51.60% of the company’s shares. The shares outstanding are 892.60M, and float is at 883.54M with Short Float at 5.56%. Institutions hold 51.44% 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 3.9563% 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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