The stock of Denison Mines Corp (DNN) has seen a 11.95% increase in the past week, with a 16.34% gain in the past month, and a 24.48% flourish in the past quarter. The volatility ratio for the week is 4.78%, and the volatility levels for the past 30 days are at 4.56% for DNN. The simple moving average for the last 20 days is 11.63% for DNN stock, with a simple moving average of 37.97% for the last 200 days.
Is It Worth Investing in Denison Mines Corp (AMEX: DNN) Right Now?
The price-to-earnings ratio for Denison Mines Corp (AMEX: DNN) is 40.45x, which is above its average ratio. Moreover, the 36-month beta value for DNN is 1.77. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
The average price recommended by analysts for Denison Mines Corp (DNN) is $2.53, which is $0.75 above the current market price. The public float for DNN is 870.77M and currently, short sellers hold a 4.26% of that float. On November 20, 2023, DNN’s average trading volume was 9.42M shares.
DNN) stock’s latest price update
The stock of Denison Mines Corp (AMEX: DNN) has increased by 1.71 when compared to last closing price of 1.75. Despite this, the company has experienced a 11.95% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-15 that Here is how Denison Mine (DNN) and Energy Fuels (UUUU) have performed compared to their sector so far this year.
DNN Trading at 12.80% from the 50-Day Moving Average
After a stumble in the market that brought DNN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.56% of loss for the given period.
Volatility was left at 4.56%, however, over the last 30 days, the volatility rate increased by 4.78%, as shares surge +17.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.48% upper at present.
During the last 5 trading sessions, DNN rose by +11.95%, which changed the moving average for the period of 200-days by +24.48% in comparison to the 20-day moving average, which settled at $1.6080. In addition, Denison Mines Corp saw 54.78% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DNN
Current profitability levels for the company are sitting at:
- -205.45 for the present operating margin
- -156.66 for the gross margin
The net margin for Denison Mines Corp stands at +84.71. The total capital return value is set at -8.35, while invested capital returns managed to touch 3.44. Equity return is now at value 10.52, with 8.94 for asset returns.
Based on Denison Mines Corp (DNN), the company’s capital structure generated 0.13 points at debt to equity in total, while total debt to capital is 0.13. Total debt to assets is 0.10, with long-term debt to equity ratio resting at 0.08. Finally, the long-term debt to capital ratio is 0.08.
When we switch over and look at the enterprise to sales, we see a ratio of 205.26, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 4.35 and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.65.
To wrap up, the performance of Denison Mines Corp (DNN) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.