In the latest trading session, 15.25 million Denison Mines Corp (AMEX:DNN) shares changed hands as the company’s beta touched 1.89. With the company’s most recent per share price at $1.50 changed hands at -$0.05 or -2.90% at last look, the market valuation stands at $1.34B. DNN’s current price is a discount, trading about -64.67% off its 52-week high of $2.47. The share price had its 52-week low at $1.40, which suggests the last value was 6.67% up since then.
Analysts gave the Denison Mines Corp (DNN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.10. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended DNN as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Denison Mines Corp’s EPS for the current quarter is expected to be -0.01.
Denison Mines Corp (AMEX:DNN) trade information
Instantly DNN was in red as seen in intraday trades today. With action -7.67%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -16.39%, with the 5-day performance at -7.67% in the red. However, in the 30-day time frame, Denison Mines Corp (AMEX:DNN) is -25.86% down.
The consensus price target for the stock as assigned by Wall Street analysts is 2.6, meaning bulls need an upside of 42.31% from its recent market value. According to analyst projections, DNN’s forecast low is 2.6 with 2.6 as the target high. To hit the forecast high, the stock’s price needs a -73.33% plunge from its current level, while the stock would need to soar -73.33% for it to hit the projected low.
Denison Mines Corp (DNN) estimates and forecasts
Year-over-year growth is forecast to reach 117.23% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 801k. 1 analysts are of the opinion that Denison Mines Corp’s revenue for the current quarter will be 801k.
The 2025 estimates are for Denison Mines Corp earnings to decrease by -173.16%.
Denison Mines Corp (AMEX:DNN)’s Major holders
ALPS ADVISORS INC holds the second largest percentage of outstanding shares, with 6.6569% or 59.4 million shares worth $118.2 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF. With 60.62 shares estimated at $90.44 million under it, the former controlled 6.77% of total outstanding shares. On the other hand, Sprott Uranium Miners ETF held about 4.79% of the shares, roughly 42.89 shares worth around $63.99 million.
