Why Denison Mines Corp (AMEX: DNN) Should Be Included On Your Watchlist

Denison Mines Corp (AMEX:DNN)’s traded shares stood at 16.78 million during the latest session, with the company’s beta value hitting 1.91. At the last check today, the stock’s price was $1.49, to imply an increase of 2.41% or $0.04 in intraday trading. The DNN share’s 52-week high remains $2.47, putting it -65.77% down since that peak but still an impressive 6.04% since price per share fell to its 52-week low of $1.40.

Analysts have given a consensus recommendation of Buy for Denison Mines Corp (DNN), translating to a mean rating of 1.10. Of 2 analyst(s) looking at the stock, 0 analyst(s) give DNN a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy.

Denison Mines Corp (AMEX:DNN) trade information

After registering a 2.41% upside in the latest session, Denison Mines Corp (DNN) has traded red over the past five days. The 5-day price performance for the stock is -3.57%, and -19.73% over 30 days. With these gigs, the year-to-date price performance is -17.50%.

The extremes give us $2.6 and $2.6 for target low and target high price respectively. As such, DNN has been trading -74.5% off suggested target high and -74.5% from its likely low.

DNN Dividends

Denison Mines Corp has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

The next major institution holding the largest number of shares is ALPS ADVISORS INC with 59.4 million shares, or about 6.6569% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $118.2 million.

We also have Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF as the top two Mutual Funds with the largest holdings of the Denison Mines Corp (DNN) shares. Going by data provided on Nov 30, 2024, Global X Fds-Global X Uranium ETF holds roughly 60.62 shares. This is just over 6.77% of the total shares, with a market valuation of $89.71 million. Data from the same date shows that the other fund manager holds a little less at 42.88, or 4.79% of the shares, all valued at about 63.45 million.