Denison Mines Corp. [AMEX: DNN] price surged by 2.10 percent to reach at $0.03. The company report on September 1, 2023 at 6:30 AM that Denison CFO on Temporary Medical Leave of Absence, Interim CFO Appointed.
Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) reports that Mac McDonald (CPA), the Company’s Chief Financial Officer, is on a temporary medical leave of absence. Elizabeth Sidle (CPA, CA), who currently serves as Denison’s Vice President Finance, has also been appointed Interim Chief Financial Officer. View PDF version.
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A sum of 6797310 shares traded at recent session while its average daily volume was at 4.19M shares. Denison Mines Corp. shares reached a high of $1.46 and dropped to a low of $1.42 until finishing in the latest session at $1.46.
The one-year DNN stock forecast points to a potential upside of 33.03. 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]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DNN shares is $2.18 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DNN stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
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 Average True Range (ATR) for Denison Mines Corp. is set at 0.06, with the Price to Sales ratio for DNN stock in the period of the last 12 months amounting to 155.55. The Price to Book ratio for the last quarter was 3.65, with the Price to Cash per share for the same quarter was set at 0.05.
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 3.55. With this latest performance, DNN shares gained by 11.45% in over the last four-week period, additionally plugging by 36.45% over the last 6 months – not to mention a rise of 0.69% 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 61.66, with the RSI for the last a single of trading hit 62.95, and the three-weeks RSI is set at 60.84 for Denison Mines Corp. [DNN]. The present Moving Average for the last 50 days of trading for this stock 1.3144, while it was recorded at 1.4360 for the last single week of trading, and 1.2055 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 -205.45 and a Gross Margin at -156.66. Denison Mines Corp.’s Net Margin is presently recorded at +84.71.
Return on Total Capital for DNN is now -8.35, given the latest momentum, and Return on Invested Capital for the company is 3.44. Return on Equity for this stock inclined to 3.45, with Return on Assets sitting at 2.57. When it comes to the capital structure of this company, Denison Mines Corp. [DNN] has a Total Debt to Total Equity ratio set at 0.13. Additionally, DNN Total Debt to Total Capital is recorded at 0.13, with Total Debt to Total Assets ending up at 0.10. Long-Term Debt to Equity for the company is recorded at 0.08, with the Long-Term Debt to Total Capital now at 0.08.
Receivables Turnover for the company is 4.35 with a Total Asset Turnover recorded at a value of 0.03.Denison Mines Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.50 and a Current Ratio set at 3.70.
Denison Mines Corp. [DNN] Institutonal Ownership Details
The top three institutional holders of DNN stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in DNN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in DNN stock with ownership which is approximately 5.7381%.
