Denison Mines Corp (AMEX: DNN) is -8.33% 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 $1.62 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.65, the stock is 3.29% and 12.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 237.33 million and changing 1.85% at the moment leaves the stock -5.70% off its SMA200. DNN registered -17.91% loss for a year compared to 6-month loss of -25.68%.
The stock witnessed a 9.27% gain in the last 1 month and extending the period to 3 months gives it a 19.57%, and is -1.79% 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 5.20% over the week and 4.99% over the month.
Profit margin for the company is -2504.89%. Distance from 52-week low is 52.78% and -33.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.60%).
with sales reaching $787k over the same period.The EPS is expected to shrink by -4.01% this year, but quarterly earnings will post 141.03% year-over-year. Quarterly sales are estimated to shrink -18.42% in year-over-year returns.
Denison Mines Corp (DNN) Top Institutional Holders
The shares outstanding are 896.21M, and float is at 885.12M with Short Float at 8.77%.
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.
