In today’s recent session, 14.36 million shares of the Denison Mines Corp (AMEX:DNN) have been traded, and its beta is 1.80. Most recently the company’s share price was $1.47, and it changed around -$0.04 or -2.77% from the last close, which brings the market valuation of the company to $1.32B. DNN at last check was trading at a discount to its 52-week high of $2.47, offering almost -68.03% off that amount. The share price’s 52-week low was $1.27, which indicates that the recent value has risen by an impressive 13.61% since then. We note from Denison Mines Corp’s average daily trading volume that its 10-day average is 57.08 million shares, with the 3-month average coming to 47.34 million.
Denison Mines Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.09. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 0 recommended DNN as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Denison Mines Corp is expected to report earnings per share of -0.01 for the current quarter.
Denison Mines Corp (AMEX:DNN) trade information
Instantly DNN has been showing red trend so far today with a performance of -2.77% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.5500 on recent trading dayincreased the stock’s daily price by 5.16%. The company’s shares are currently down -18.44% year-to-date, but still up 0.55% over the last five days. On the other hand, Denison Mines Corp (AMEX:DNN) is -5.28% down in the 30-day period. We can see from the shorts that 54.51 million shares have been sold at a short interest cover period of 1.1 day(s).
The consensus price target as assigned by Wall Street analysts is $2.6, which translates to bulls needing to increase their stock price by 43.46% from its current value. Analyst projections state that DNN is forecast to be at a low of $2.6 and a high of $2.6.
Denison Mines Corp (DNN) estimates and forecasts
The year-over-year growth rate is expected to be 170.28%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 801k in revenue for the current quarter. 1 analysts expect Denison Mines Corp to make 801k in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at -16.97%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -26.28%. Denison Mines Corp earnings are expected to increase by 32.17% in 2025, but the outlook is positive 42.31% per year for the next five years.
Denison Mines Corp (AMEX:DNN)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.31% of Denison Mines Corp shares, and 55.89% of them are in the hands of institutional investors. The stock currently has a share float of 56.06%. Denison Mines Corp stock is held by 288.0 institutions, with MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. being the largest institutional investor. By 2024-06-30, it held 7.542% of the shares, which is about 67.29 million shares worth $134.75 million.
ALPS ADVISORS INC, with 6.6569% or 59.4 million shares worth $118.2 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Global X Uranium ETF and SPROTT URANIUM MINERS ETF were the top two Mutual Funds as of Jan 31, 2025. The former held 56.43 shares worth $82.95 million, making up 6.30% of all outstanding shares. On the other hand, SPROTT URANIUM MINERS ETF held roughly 42.88 shares worth around $63.03 million, which represents about 4.79% of the total shares outstanding.
