Denison Mines Corp. [AMEX: DNN] price surged by 6.40 percent to reach at $0.08.
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A sum of 4116425 shares traded at recent session while its average daily volume was at 4.85M shares. Denison Mines Corp. shares reached a high of $1.33 and dropped to a low of $1.24 until finishing in the latest session at $1.33.
The average equity rating for DNN stock is currently 2.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Denison Mines Corp. [DNN]:
TD Securities have made an estimate for Denison Mines Corp. shares, keeping their opinion on the stock as Speculative Buy, with their previous recommendation back on May 27, 2022. The new note on the price target was released on July 18, 2017, representing the official price target for Denison Mines Corp. stock. On April 15, 2013, analysts decreased their price target for DNN shares from 1.80 to 1.50.
The Average True Range (ATR) for Denison Mines Corp. is set at 0.07, with the Price to Sales ratio for DNN stock in the period of the last 12 months amounting to 87.95. The Price to Book ratio for the last quarter was 3.41, with the Price to Cash per share for the same quarter was set at 0.06.
DNN Stock Performance Analysis:
Denison Mines Corp. [DNN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.02. With this latest performance, DNN shares dropped by -9.52% in over the last four-week period, additionally sinking by -1.48% over the last 6 months – not to mention a drop of -10.74% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DNN stock in for the last two-week period is set at 52.96, with the RSI for the last a single of trading hit 55.96, and the three-weeks RSI is set at 52.42 for Denison Mines Corp. [DNN]. The present Moving Average for the last 50 days of trading for this stock 1.2866, while it was recorded at 1.2520 for the last single week of trading, and 1.2034 for the last 200 days.
Insight into Denison Mines Corp. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Denison Mines Corp. [DNN] shares currently have an operating margin of -116.74 and a Gross Margin at -71.78. Denison Mines Corp.’s Net Margin is presently recorded at +94.89.
Return on Equity for this stock inclined to 6.08, with Return on Assets sitting at 4.16.
Denison Mines Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.20 and a Current Ratio set at 3.30.