In last trading session, Denison Mines Corp (AMEX:DNN) saw 18.41 million shares changing hands with its beta currently measuring 1.69. Company’s recent per share price level of $2.12 trading at $0.08 or 3.92% at ring of the bell on the day assigns it a market valuation of $2.66B. That closing price of DNN’s stock is at a discount of -16.51% from its 52-week high price of $2.47 and is indicating a premium of 33.96% from its 52-week low price of $1.40. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 15.59 million shares which gives us an average trading volume of 17.76 million if we extend that period to 3-months.
For Denison Mines Corp (DNN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.09. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
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Denison Mines Corp (AMEX:DNN) trade information
Upright in the green during last session for gaining 3.92%, in the last five days DNN remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $2.12 price level, adding 3.2% to its value on the day. Denison Mines Corp’s shares saw a change of 19.77% in year-to-date performance and have moved 0.95% in past 5-day. Denison Mines Corp (AMEX:DNN) showed a performance of 14.59% in past 30-days. Number of shares sold short was 44.22 million shares which calculate 2.33 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2.6 to the stock, which implies a rise of 18.46% to its current value. Analysts have been projecting 2.6 as a low price target for the stock while placing it at a high target of 2.6. It follows that stock’s current price would drop -22.64% in reaching the projected high whereas dropping to the targeted low would mean a loss of -22.64% for stock’s current value.
Denison Mines Corp (DNN) estimates and forecasts
Statistics highlight that Denison Mines Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -0.93% of value to its shares in past 6 months, showing an annual growth rate of -185.71% while that of industry is 14.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.
Denison Mines Corp (AMEX:DNN)’s Major holders
Insiders are in possession of 0.31% of company’s total shares while institution are holding 56.90 percent of that, with stock having share float percentage of 57.07%. Investors also watch the number of corporate investors in a company very closely, which is 56.90% institutions for Denison Mines Corp that are currently holding shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. is the top institutional holder at DNN for having 67.29 million shares of worth $134.75 million. And as of 2024-06-30, it was holding 7.542 of the company’s outstanding shares.
The second largest institutional holder is ALPS ADVISORS INC, which was holding about 59.4 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.6569 of outstanding shares, having a total worth of $118.2 million.
