Why Denison Mines Corp (AMEX: DNN) Stock Should Not Be Taken For Granted By Investors In 2024

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In today’s recent session, 6.2 million shares of the Denison Mines Corp (AMEX:DNN) have been traded, and its beta is 1.73. Most recently the company’s share price was $2.05, and it changed around -$0.08 or -3.99% from the last close, which brings the market valuation of the company to $1.82B. DNN at last check was trading at a discount to its 52-week high of $2.47, offering almost -20.49% off that amount. The share price’s 52-week low was $1.20, which indicates that the recent value has risen by an impressive 41.46% since then. We note from Denison Mines Corp’s average daily trading volume that its 3-month average coming to 15.78 million.

Denison Mines Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended DNN as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.

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Denison Mines Corp (AMEX:DNN) trade information

Instantly DNN has been showing red trend so far today with a performance of -3.99% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently up 15.54% year-to-date, but still down -8.71% over the last five days. On the other hand, Denison Mines Corp (AMEX:DNN) is -0.73% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $2.6, which translates to bulls needing to increase their stock price by 21.15% from its current value. Analyst projections state that DNN is forecast to be at a low of $2.6 and a high of $2.6.

Denison Mines Corp (DNN) estimates and forecasts

Denison Mines Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 2.25 percent over the past six months and at a -185.71% annual growth rate that is well below the industry average of 18.90%.

DNN Dividends

Denison Mines Corp’s next quarterly earnings report is expected to be released in August.