During the last session, Denison Mines Corp (AMEX:DNN)’s traded shares were 36.89 million, with the beta value of the company hitting 1.76. The 52-week high for the DNN share is $2.47, that puts it down -21.08 from that peak though still a striking 31.37% gain since the share price plummeted to a 52-week low of $1.40. The company’s market capitalization is $1.82B, and the average intraday trading volume over the past 10 days was 30.1 million shares, and the average trade volume was 22.86 million shares over the past three months.
Denison Mines Corp (DNN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.08. DNN has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 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 (AMEX:DNN) trade information
The stock’s 5-day price performance is 4.62%, and it has moved by 5.15% in 30 days. Based on these gigs, the overall price performance for the year is 6.81%. The short interest in Denison Mines Corp (AMEX:DNN) is 47.57 million shares and it means that shorts have 1.92 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.6, which implies an increase of 21.54% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.6 and $2.6 respectively. As a result, DNN is trading at a discount of -27.45% off the target high and -27.45% off the low.
Denison Mines Corp (DNN) estimates and forecasts
Statistics show that Denison Mines Corp has underperformed its competitors in share price, compared to the industry in which it operates. Denison Mines Corp (DNN) shares have gone up 4.08% during the last six months, with a year-to-date growth rate less than the industry average at -200.00% against 9.60. In the rating firms’ projections, revenue will increase 117.23% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 801k as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 801k by the end of current fiscal year.
While earnings are projected to return -172.50% in 2025.
DNN Dividends
Denison Mines Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Denison Mines Corp (AMEX:DNN)’s Major holders
Denison Mines Corp insiders own 0.31% of total outstanding shares while institutional holders control 50.84%, with the float percentage being 50.99%. MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. is the largest shareholder of the company, while 272.0 institutions own stock in it. As of 2024-06-30, the company held over 67.29 million shares (or 7.542% of all shares), a total value of $134.75 million in shares.
The next largest institutional holding, with 59.4 million shares, is of ALPS ADVISORS INC’s that is approximately 6.6569% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $118.2 million.
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 Sprott Uranium Miners ETF . Data provided on Nov 30, 2024 indicates that Global X Fds-Global X Uranium ETF owns about 60.62 shares. This amounts to just over 6.77 percent of the company’s overall shares, with a $123.66 million market value. The same data shows that the other fund manager holds slightly less at 42.89, or about 4.79% of the stock, which is worth about $87.49 million.
