Denison Mines Corp (AMEX: DNN) is -6.67% 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 0.06%.
Currently trading at $1.68, the stock is 7.14% and 17.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 167.12 million and changing 3.70% at the moment leaves the stock -3.95% off its SMA200. DNN registered -24.66% loss for a year compared to 6-month loss of -25.00%. The firm has a 50-day simple moving average (SMA 50) of $1.4344 and a 200-day simple moving average (SMA200) of $1.74905.
The stock witnessed a 11.26% gain in the last 1 month and extending the period to 3 months gives it a 20.86%, and is 5.66% 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 6.05% over the week and 4.51% over the month.
Profit margin for the company is -2504.89%. Distance from 52-week low is 55.56% and -31.98% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.60%).
The EPS is expected to shrink by -3.95% this year.
Denison Mines Corp (DNN) Top Institutional Holders
304.0 institutions hold shares in Denison Mines Corp (DNN), with institutional investors hold 56.97% of the company’s shares. The shares outstanding are 896.21M, and float is at 885.12M with Short Float at 7.64%. Institutions hold 56.80% 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.
