Will Denison Mines Corp (DNN) benefit from Wall Street bulls Calls?

Denison Mines Corp (AMEX: DNN) is -15.56% 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 $1.54 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $1.52, the stock is 6.97% and 9.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 46.66 million and changing -1.30% at the moment leaves the stock -13.40% off its SMA200. DNN registered -28.97% loss for a year compared to 6-month loss of -28.30%.

The stock witnessed a 16.03% gain in the last 1 month and extending the period to 3 months gives it a -13.14%, and is 2.01% 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 4.82% over the week and 5.73% over the month.

Profit margin for the company is -2504.89%. Distance from 52-week low is 40.74% and -38.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.60%).

The EPS is expected to grow by 10.71% this year.

Denison Mines Corp (DNN) Top Institutional Holders

The shares outstanding are 896.21M, and float is at 888.89M with Short Float at 7.61%.

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.