Denison Mines Corp [AMEX: DNN] stock went on a downward path that fall over -1.75% on Friday, amounting to a one-week price increase of more than 8.74%.
Over the last 12 months, DNN stock rose by 80.65%. The one-year Denison Mines Corp stock forecast points to a potential upside of 10.04. The average equity rating for DNN stock is currently 1.50, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $2.00 billion, with 890.97 million shares outstanding and 884.62 million shares in the current float. Compared to the average trading volume of 15.96M shares, DNN stock reached a trading volume of 11010861 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $2.49 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 1.50. 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.
ROTH MKM have made an estimate for Denison Mines Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 27, 2024. The new note on the price target was released on May 27, 2022, representing the official price target for Denison Mines Corp stock.
The Average True Range (ATR) for Denison Mines Corp is set at 0.09, with the Price to Sales ratio for DNN stock in the period of the last 12 months amounting to 260.92. The Price to Book ratio for the last quarter was 4.34, with the Price to Cash per share for the same quarter was set at 0.12.
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 8.74. With this latest performance, DNN shares gained by 11.44% in over the last four-week period, additionally plugging by 26.55% over the last 6 months – not to mention a rise of 80.65% 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 58.00, with the RSI for the last a single of trading hit 62.15, and the three-weeks RSI is set at 55.79 for Denison Mines Corp [DNN]. The present Moving Average for the last 50 days of trading for this stock 2.15, while it was recorded at 2.17 for the last single week of trading, and 1.90 for the last 200 days.
Insight into Denison Mines Corp Fundamentals:
Denison Mines Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.54 and a Current Ratio set at 6.68.
DNN Stock EPS
With the latest financial reports released by the company, Denison Mines Corp posted 0/share EPS, while the average EPS was predicted by analysts to be reported at -0.01/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 100.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DNN.
Denison Mines Corp [DNN] Institutonal Ownership Details
The top three institutional holders of DNN stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in DNN stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in DNN stock with ownership which is approximately 5.1238%.
