Denison Mines Corp (AMEX: DNN) has a higher price-to-earnings ratio of 49.77x compared to its average ratio. DNN has 36-month beta value of 1.70. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for DNN is 878.85M, and currently, short sellers hold a 4.87% ratio of that float. The average trading volume of DNN on May 07, 2024 was 15.29M shares.
DNN) stock’s latest price update
Denison Mines Corp (AMEX: DNN)’s stock price has increased by 2.82 compared to its previous closing price of 2.13. However, the company has seen a 2.34% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-06 that Denison Mine’s (DNN) first-quarter 2024 results are likely to reflect the impact of higher uranium sales and prices but are expected to be offset by seasonally higher exploration and evaluation costs.
DNN’s Market Performance
Denison Mines Corp (DNN) has experienced a 2.34% rise in stock performance for the past week, with a 2.34% rise in the past month, and a 5.29% rise in the past quarter. The volatility ratio for the week is 5.61%, and the volatility levels for the past 30 days are at 5.37% for DNN. The simple moving average for the last 20 days is 6.80% for DNN stock, with a simple moving average of 26.90% for the last 200 days.
DNN Trading at 11.36% 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 -2.67% of loss for the given period.
Volatility was left at 5.37%, however, over the last 30 days, the volatility rate increased by 5.61%, as shares surge +5.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.43% upper at present.
During the last 5 trading sessions, DNN rose by +2.34%, which changed the moving average for the period of 200-days by +79.51% in comparison to the 20-day moving average, which settled at $2.06. In addition, Denison Mines Corp saw 23.73% 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 1368.67. 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
To put it simply, Denison Mines Corp (DNN) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
