Denison Mines Corp (AMEX: DNN) Shocks Wall Street This Week With A 1.54% Stock Price Incline

Denison Mines Corp (AMEX:DNN) has a beta value of 1.73 and has seen 11.18 million shares traded in the last trading session. The company, currently valued at $1.77B, closed the last trade at $1.98 per share which meant it gained $0.03 on the day or 1.54% during that session. The DNN stock price is -24.75% off its 52-week high price of $2.47 and 39.39% above the 52-week low of $1.20. If we look at the company’s 10-day average daily trading volume, we find that it stood at 16.65 million shares traded. The 3-month trading volume is 16.13 million shares.

Denison Mines Corp (AMEX:DNN) trade information

Sporting 1.54% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the DNN stock price touched $1.98 or saw a rise of 8.76%. Year-to-date, Denison Mines Corp shares have moved 11.86%, while the 5-day performance has seen it change -8.33%. Over the past 30 days, the shares of Denison Mines Corp (AMEX:DNN) have changed -5.26%. Short interest in the company has seen 43.55 million shares shorted with days to cover at 2.9.

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Wall Street analysts have a consensus price target for the stock at $2.6, which means that the shares’ value could jump 23.85% from current levels. The projected low price target is $2.6 while the price target rests at a high of $2.6. In that case, then, we find that the current price level is -31.31% off the targeted high while a plunge would see the stock gain -31.31% from current levels.

Denison Mines Corp (DNN) estimates and forecasts

Figures show that Denison Mines Corp shares have underperformed across the wider relevant industry. The company’s shares have gained 1.02% over the past 6 months, with this year growth rate of -185.71%, compared to 17.80% for the industry. Revenue growth from the last financial year stood is estimated to be 199.60%.

1 analysts offering their estimates for the company have set an average revenue estimate of 1.09M for the current quarter. 1 have an estimated revenue figure of 1.09M for the next ending quarter.

DNN Dividends

Denison Mines Corp is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Denison Mines Corp (AMEX:DNN)’s Major holders

The top two institutional holders are ALPS ADVISORS INC with over 58.32 million shares worth more than $113.72 million. As of 2024-03-31, ALPS ADVISORS INC held 6.5436% of shares outstanding.

The other major institutional holder is MIRAE ASSET GLOBAL INVESTMENTS CO., LTD., with the holding of over 39.32 million shares as of 2024-03-31. The firm’s total holdings are worth over $39.82 million and represent 4.4124% of shares outstanding.