During the last session, Denison Mines Corp. (NYSE:DNN)’s traded shares were 3,180,000,000, with the beta value of the company hitting 2.2. At the end of the trading day, the stock’s price was $1.2, reflecting an intraday loss of -4% or -$0.05. The 52-week high for the DNN share is $1.81, that puts it down -50.83% from that peak though still a striking +77.5% gain since the share price plummeted to a 52-week low of $0.27. The company’s market capitalization is $948.95 Million, and the average intraday trading volume over the past 10 days was 20.14 Million shares, and the average trade volume was 30.92 Million shares over the past three months.
Denison Mines Corp. (DNN) received a consensus recommendation of Overweight from analysts. That translates to a mean rating of 2.3. DNN has a Sell rating from none of the analyst(s) out of 7 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 3 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.01.
Denison Mines Corp. (NYSE:DNN): Trading Information
Denison Mines Corp. (DNN) registered a -4% downside in the last session and has traded in the green over the past 5 sessions. The stock spiked 11.11% in intraday trading to $1.35 this Tuesday, Apr 06, hitting a weekly high. The stock’s 5-day price performance is 10.09%, and it has moved by 20% in 30 days. Based on these gigs, the overall price performance for the year is 85.47%. The short interest in Denison Mines Corp. (NYSE:DNN) is 11.29 Million shares and it means that shorts have 0.37 day(s) to cover.
The consensus price target of analysts on Wall Street is $1.55, which implies an increase of 29.17% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.2 and $2.2 respectively. As a result, DNN is trading at a discount of 83.33% off the target high and 0% off the low.
Denison Mines Corp. (DNN) projections and forecasts
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.5%. While earnings are projected to return 15.7% in 2021, the next five years will return 0% per annum.
Denison Mines Corp. (NYSE:DNN)’s Biggest Investors
Denison Mines Corp. insiders own 0.57% of total outstanding shares while institutional holders control 15.25%, with the float percentage being 15.34%. Beutel, Goodman & Company Ltd is the largest shareholder of the company, while 86 institutions own stock in it. As of Dec 30, 2020, the company held over 19.25 Million shares (or 2.4% of all shares), a total value of $12.46 Million in shares.
The next largest institutional holding, with 16.08 Million shares, is of Old West Investment Management, LLC’s that is approximately 2.01% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $10.4 Million.
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Also, the Mutual Funds coming in first place with the largest holdings of Denison Mines Corp. (DNN) shares are Global X Fds-Global X Uranium ETF and Advisors Inner Circle Fund II-Kopernik Global All Cap Fund. Data provided on Feb 27, 2021 indicates that Global X Fds-Global X Uranium ETF owns about 14,485,520 shares. This amounts to just over 1.81 percent of the company’s overall shares, with a $15.21 Million market value. The same data shows that the other fund manager holds slightly less at 11.78 Million, or about 1.47% of the stock, which is worth about $7.75 Million.