Denison Mines Corp (AMEX: DNN) is -19.44% lower on its value in year-to-date trading and has touched a low of $1.27 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 $1.38 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $1.45, the stock is -0.62% and -15.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 47.72 million and changing 5.07% at the moment leaves the stock -23.67% off its SMA200. DNN registered -18.99% loss for a year compared to 6-month gain of -10.49%. The firm has a 50-day simple moving average (SMA 50) of $1.7148 and a 200-day simple moving average (SMA200) of $1.8997.
The stock witnessed a -17.14% loss in the last 1 month and extending the period to 3 months gives it a -35.56%, and is 11.54% 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 5.79% over the week and 6.47% over the month.
Denison Mines Corp (DNN) has around 64 employees, a market worth around $1.29B and $2.93M in sales. Profit margin for the company is -2264.50%. Distance from 52-week low is 14.17% and -41.30% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.92%).
The EPS is expected to grow by 33.10% this year.
Denison Mines Corp (DNN) Top Institutional Holders
289.0 institutions hold shares in Denison Mines Corp (DNN), with institutional investors hold 56.07% of the company’s shares. The shares outstanding are 895.71M, and float is at 885.14M with Short Float at 6.16%. Institutions hold 55.90% 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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