Denison Mines Corp (AMEX: DNN) is -22.78% 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 $1.42 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $1.39, the stock is 7.50% and -0.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 37.19 million and changing -2.11% at the moment leaves the stock -22.35% off its SMA200. DNN registered -30.15% loss for a year compared to 6-month loss of -39.30%. The firm has a 50-day simple moving average (SMA 50) of $1.4038 and a 200-day simple moving average (SMA200) of $1.79005.
The stock witnessed a -2.80% gain in the last 1 month and extending the period to 3 months gives it a -31.53%, and is 0.72% 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 6.01% over the week and 7.24% over the month.
Profit margin for the company is -2264.50%. Distance from 52-week low is 28.70% and -43.72% 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 19.26% this year.
Denison Mines Corp (DNN) Top Institutional Holders
292.0 institutions hold shares in Denison Mines Corp (DNN), with institutional investors hold 56.94% of the company’s shares. The shares outstanding are 895.71M, and float is at 887.75M with Short Float at 7.43%. Institutions hold 56.77% 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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