In the past week, DNN stock has gone up by 10.65%, with a monthly gain of 15.43% and a quarterly plunge of -6.03%. The volatility ratio for the week is 5.25%, and the volatility levels for the last 30 days are 5.16% for Denison Mines Corp The simple moving average for the past 20 days is 16.11% for DNN’s stock, with a -2.31% 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 42.50x. The 36-month beta value for DNN is also noteworthy at 1.71. 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.”
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The public float for DNN is 880.78M, and at present, short sellers hold a 4.87% of that float. The average trading volume of DNN on September 30, 2024 was 16.99M shares.
DNN) stock’s latest price update
Denison Mines Corp (AMEX: DNN) has seen a rise in its stock price by 0.54 in relation to its previous close of 1.86. However, the company has experienced a 10.65% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-25 that DNN enters into an agreement with Foremost Lithium, which grants the latter an opportunity to buy up to 70% of the non-core projects.
DNN Trading at 12.37% 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 -24.29% of loss for the given period.
Volatility was left at 5.16%, however, over the last 30 days, the volatility rate increased by 5.25%, as shares surge +13.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.10% lower at present.
During the last 5 trading sessions, DNN rose by +10.65%, which changed the moving average for the period of 200-days by +2.19% in comparison to the 20-day moving average, which settled at $1.6215. In addition, Denison Mines Corp saw 5.65% 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:
- 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 -3795.83. 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 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’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.
