Denison Mines Corp (AMEX: DNN) is -27.78% 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 $1.33 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $1.30, the stock is -8.45% and -19.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 59.53 million and changing -2.26% at the moment leaves the stock -30.09% off its SMA200. DNN registered -33.33% loss for a year compared to 6-month loss of -30.11%. The firm has a 50-day simple moving average (SMA 50) of $1.6076 and a 200-day simple moving average (SMA200) of $1.85945.
The stock witnessed a -12.75% gain in the last 1 month and extending the period to 3 months gives it a -31.58%, and is -13.91% 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 5.12% over the week and 6.10% over the month.
Profit margin for the company is -2264.50%. Distance from 52-week low is 2.36% and -47.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-16.92%).
with sales reaching $801k over the same period.The EPS is expected to grow by 28.52% this year, but quarterly earnings will post 170.28% year-over-year.
Denison Mines Corp (DNN) Top Institutional Holders
287.0 institutions hold shares in Denison Mines Corp (DNN), with institutional investors hold 56.04% of the company’s shares. The shares outstanding are 895.71M, and float is at 888.24M with Short Float at 7.09%. Institutions hold 55.86% 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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