Denison Mines Corp. (NYSE:DNN) has a beta value of 2.15 and has seen 7,242,978 shares traded in the last trading session. The company, currently valued at $858.55 Million, closed the last trade at $1.07 per share which meant it lost $0 on the day or 0% during that session. The DNN stock price is -69.16% off its 52-week high price of $1.81 and 74.77% above the 52-week low of $0.27. If we look at the company’s 10-day average daily trading volume, we find that it stood at 20.14 Million shares traded. The 3-month trading volume is 30.92 Million shares.
The consensus among analysts is that Denison Mines Corp. (DNN) is an Overweight stock at the moment, with a recommendation rating of 2.3. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 3 out of 7 have rated it as a Hold, with 3 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.01.
Denison Mines Corp. (NYSE:DNN) trade information
Despite being 0% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Apr 29 when the DNN stock price touched $1.11 or saw a rise of 3.6%. Year-to-date, Denison Mines Corp. shares have moved 65.38%, while the 5-day performance has seen it change 7.49%. Over the past 30 days, the shares of Denison Mines Corp. (NYSE:DNN) have changed -1.83%. Short interest in the company has seen 16.34 Million shares shorted with days to cover at 0.53.
Wall Street analysts have a consensus price target for the stock at $1.56, which means that the shares’ value could jump 45.79% from current levels. The projected low price target is $1.2 while the price target rests at a high of $2.2. In that case, then, we find that the current price level is +105.61% off the targeted high while a plunge would see the stock lose 12.15% from current levels.
Denison Mines Corp. (DNN) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +4.5% over the past 5 years. Earnings growth for 2021 is a modest +15.7%.
Denison Mines Corp. (NYSE:DNN)’s Major holders
Insiders own 0.57% of the company shares, while shares held by institutions stand at 16.3% with a share float percentage of 16.39%. Investors are also buoyed by the number of investors in a company, with Denison Mines Corp. having a total of 93 institutions that hold shares in the company. The top two institutional holders are Beutel, Goodman & Company Ltd with over 19.25 Million shares worth more than $12.46 Million. As of December 30, 2020, Beutel, Goodman & Company Ltd held 2.4% of shares outstanding.
The other major institutional holder is Old West Investment Management, LLC, with the holding of over 16.08 Million shares as of December 30, 2020. The firm’s total holdings are worth over $10.4 Million and represent 2.01% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Global X Fds-Global X Uranium ETF and Advisors Inner Circle Fund II-Kopernik Global All Cap Fund. As of March 30, 2021, the former fund manager holds about 2.07% shares in the company for having 16608460 shares of worth $18.1 Million while later fund manager owns 11.78 Million shares of worth $7.75 Million as of January 30, 2021, which makes it owner of about 1.47% of company’s outstanding stock.