Denison Mines Corp (AMEX: DNN) – Analyst View Is Different Today

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In the last trading session, 103.0 million shares of the Denison Mines Corp (AMEX:DNN) were traded, and its beta was 1.39. Most recently the company’s share price was $1.81, and it changed around -$0.01 or -0.55% from the last close, which brings the market valuation of the company to $1.62B. DNN currently trades at a discount to its 52-week high of $2.47, offering almost -36.46% off that amount. The share price’s 52-week low was $1.08, which indicates that the current value has risen by an impressive 40.33% since then. We note from Denison Mines Corp’s average daily trading volume that its 10-day average is 121.06 million shares, with the 3-month average coming to 110.53 million.

Denison Mines Corp stock received a consensus recommendation rating of Overweight, based on a mean score of 1.09. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 7 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 (AMEX:DNN) trade information

Instantly DNN has showed a red trend with a performance of -0.55% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.8600 on recent trading dayincreased the stock’s daily price by 2.69%. The company’s shares are currently down -14.62% year-to-date, but still up 1.12% over the last five days. On the other hand, Denison Mines Corp (AMEX:DNN) is 9.70% up in the 30-day period. We can see from the shorts that 77.66 million shares have been sold at a short interest cover period of 0.63 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 30.38% 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.

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 -3.72% in 2025, but the outlook is positive 33.06% per year for the next five years.

DNN Dividends

Denison Mines Corp’s next quarterly earnings report is expected to be released on 2025-May-12.

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

Upon looking at major shareholders, it appears that insiders hold 0.30% of Denison Mines Corp shares, and 56.87% of them are in the hands of institutional investors. The stock currently has a share float of 57.05%. Denison Mines Corp stock is held by 303.0 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.

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