Denison Mines Corp [AMEX: DNN] price surged by 14.00 percent to reach at $0.21.
The one-year DNN stock forecast points to a potential upside of 33.98. The average equity rating for DNN stock is currently 1.43, trading closer to a bullish pattern in the stock market.
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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 $2.59 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 1.43. 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 0.10, with the Price to Sales ratio for DNN stock in the period of the last 12 months amounting to 199.19. The Price to Book ratio for the last quarter was 3.43, with the Price to Cash per share for the same quarter was set at 0.10.
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 9.62. With this latest performance, DNN shares dropped by -9.04% in over the last four-week period, additionally sinking by -2.84% over the last 6 months – not to mention a rise of 20.42% 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 50.70, with the RSI for the last a single of trading hit 57.49, and the three-weeks RSI is set at 47.53 for Denison Mines Corp [DNN]. The present Moving Average for the last 50 days of trading for this stock 1.8808, while it was recorded at 1.5860 for the last single week of trading, and 1.9299 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 6.78 and a Current Ratio set at 6.94.
DNN Stock EPS
With the latest financial reports released by the company, Denison Mines Corp posted 0.05/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 0.06. 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
There are presently around $55.75%, or 55.92%% of DNN stock, in the hands of institutional investors. The top three institutional holders of DNN stocks are: MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with ownership of 67.29 million shares, which is approximately 7.5505%. ALPS ADVISORS INC, holding 59.4 million shares of the stock with an approximate value of $$118.2 million in DNN stocks shares; and ALPS ADVISORS INC, currently with $$70.7 million in DNN stock with ownership which is approximately 3.9608%.
