Denison Mines Corp (AMEX: DNN) is -27.22% lower on its value in year-to-date trading and has touched a low of $1.08 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 $1.31 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.31, the stock is -2.71% and -11.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 61.96 million and changing 0.00% at the moment leaves the stock -27.99% off its SMA200. DNN registered -40.18% loss for a year compared to 6-month loss of -30.32%. The firm has a 50-day simple moving average (SMA 50) of $1.477 and a 200-day simple moving average (SMA200) of $1.81915.
The stock witnessed a -5.07% gain in the last 1 month and extending the period to 3 months gives it a -31.41%, and is 11.02% 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 8.79% over the week and 6.84% over the month.
Profit margin for the company is -2264.50%. Distance from 52-week low is 21.30% and -46.96% 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 24.68% this year, but quarterly earnings will post 230.27% year-over-year.
Denison Mines Corp (DNN) Top Institutional Holders
286.0 institutions hold shares in Denison Mines Corp (DNN), with institutional investors hold 55.66% of the company’s shares. The shares outstanding are 895.71M, and float is at 887.97M with Short Float at 7.66%. Institutions hold 55.49% 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
#####
