The stock of Denison Mines Corp (DNN) has seen a 9.74% increase in the past week, with a 17.58% gain in the past month, and a 26.63% flourish in the past quarter. The volatility ratio for the week is 5.33%, and the volatility levels for the past 30 days are at 4.85% for DNN. The simple moving average for the past 20 days is 10.34% for DNN’s stock, with a 30.56% simple moving average for the past 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 above average at 48.64x. The 36-month beta value for DNN is also noteworthy at 1.67. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for DNN is 877.79M, and at present, short sellers hold a 4.82% of that float. The average trading volume of DNN on April 08, 2024 was 14.56M shares.
DNN) stock’s latest price update
Denison Mines Corp (AMEX: DNN)’s stock price has decreased by -0.93 compared to its previous closing price of 2.16. However, the company has seen a 9.74% increase in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-22 that Investors are constantly on the hunt for the best penny stocks to surge. Although these stocks can be alluring, they can be a double-edged sword.
DNN Trading at 10.66% 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 -4.46% of loss for the given period.
Volatility was left at 4.85%, however, over the last 30 days, the volatility rate increased by 5.33%, as shares surge +9.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.63% upper at present.
During the last 5 trading sessions, DNN rose by +9.74%, which changed the moving average for the period of 200-days by +71.20% in comparison to the 20-day moving average, which settled at $1.95. In addition, Denison Mines Corp saw 20.90% 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:
- -26.76 for the present operating margin
- -1.03 for the gross margin
The net margin for Denison Mines Corp stands at 48.72. The total capital return value is set at -0.07. 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 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -0.75. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is 68.67.
Currently, EBITDA for the company is -43.09 million with net debt to EBITDA at 3.26. When we switch over and look at the enterprise to sales, we see a ratio of 1327.75. The receivables turnover for the company is 0.97for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.29.
Conclusion
In summary, Denison Mines Corp (DNN) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
