Denison Mines Corp (AMEX: DNN) is -23.89% 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 $1.49 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $1.37, the stock is -16.79% and -24.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 81.52 million and changing -8.05% at the moment leaves the stock -29.41% off its SMA200. DNN registered -23.89% loss for a year compared to 6-month gain of -15.43%.
The stock witnessed a -28.65% loss in the last 1 month and extending the period to 3 months gives it a -39.65%, and is -11.61% down 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 8.33% over the week and 5.89% over the month.
Distance from 52-week low is -2.14% and -44.53% from its 52-week high.
with sales reaching $801k over the same period.The EPS is expected to shrink by -172.93% this year, but quarterly earnings will post 117.19% year-over-year.
Denison Mines Corp (DNN) Top Institutional Holders
The shares outstanding are 892.60M, and float is at 885.13M with Short Float at 5.83%.
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
A total of 0 insider transactions have happened at Denison Mines Corp (DNN) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Denison Mines Corp (DNN): Who are the competitors?
The company’s main competitors (and peers) include Ur-Energy Inc. (URG) that is trading -48.52% down over the past 12 months. Cameco Corp. (CCJ) that is -0.46% lower over the same period.
