In the past week, DNN stock has gone up by 7.64%, with a monthly gain of 7.64% and a quarterly plunge of -16.34%. The volatility ratio for the week is 4.26%, and the volatility levels for the last 30 days are 5.42% for Denison Mines Corp The simple moving average for the past 20 days is 7.44% for DNN’s stock, with a -11.75% 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 38.41x, Company’s 36-month beta value is 1.71.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for DNN is 880.78M, and currently, short sellers hold a 5.04% ratio of that floaft. The average trading volume of DNN on September 23, 2024 was 15.99M shares.
DNN) stock’s latest price update
Denison Mines Corp (AMEX: DNN)’s stock price has soared by 6.96 in relation to previous closing price of 1.58. Nevertheless, the company has seen a gain of 7.64% in its stock price over the last five trading days. prnewswire.com reported 2024-09-10 that CALGARY, AB, Sept. 10, 2024 /PRNewswire/ – (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. (“GLC” or the “Company”) announces an approved budget (the “Budget”) for the Kindersley Lithium Project (“KLP”) developed in collaboration with Denison Mines Corp (TSX: DML) (NYSE American: DNN) (“Denison”) which advances various activities to June 2025.
DNN Trading at -0.61% 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 -31.58% of loss for the given period.
Volatility was left at 5.42%, however, over the last 30 days, the volatility rate increased by 4.26%, as shares surge +12.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.88% lower at present.
During the last 5 trading sessions, DNN rose by +7.64%, which changed the moving average for the period of 200-days by -9.14% in comparison to the 20-day moving average, which settled at $1.5825. In addition, Denison Mines Corp saw -4.52% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DNN
Current profitability levels for the company are sitting at:
- 96.62 for the present operating margin
- 43.25 for the gross margin
The net margin for Denison Mines Corp stands at -101.18. The total capital return value is set at -0.08. 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 -0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 33433000.0. The debt to equity ratio resting at -0.0. The interest coverage ratio of the stock is 47.63.
Currently, EBITDA for the company is -43.09 million with net debt to EBITDA at 2.73. When we switch over and look at the enterprise to sales, we see a ratio of -3422.82. The receivables turnover for the company is -0.23for 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 6.94.
Conclusion
In a nutshell, Denison Mines Corp (DNN) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
