Check Out Denison Mines Corp (DNN)’s Trade Data Rather Than the Analysts’ Views

With 12.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 21.21 million shares. During the session, the Uranium company that operates in wider Energy sector, reached to the highest price of $2.1699 whereas the lowest price it dropped to was $2.075. The 52-week range on DNN shows that it touched its highest point at $2.47 and its lowest point at $1.40 during that stretch. It currently has a 1-year price target of $2.89. Beta for the stock currently stands at 1.73.

Price Performance and Earnings:

Three-month performance surged to 34.19% while six-month performance rose 0.97%. The stock gained 16.20% in the past year, while it has gained 17.51% so far this year. A look at the trailing 12-month EPS for DNN yields 0.04 with Next year EPS estimates of -0.03. For the next quarter, that number is -0.01. This implies an EPS growth rate of -172.89% for this year and 44.25% for next year.

Float and Shares Shorts:

At present, 892.60 million DNN shares are outstanding with a float of 883.54 million shares on hand for trading. On 2024-11-29, short shares totaled 43.14 million, which was 482.99997999999994 higher than short shares on 1730332800. In addition to Mr. David Daniel Cates C.A., C.P.A., MAcc as the firm’s President, CEO & Director, Ms. Elizabeth Sidle C.A., CPA serves as its VP of Finance & CFO.

Institutional Ownership:

Through their ownership of 0.51106 of DNN’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, DNN reported revenue of $695000.0 and operating income of -$15773000.0. The EBITDA in the recently reported quarter was -$12046000.0 and diluted EPS was -$0.03.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DNN since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With DNN analysts setting a high price target of 6.0 and a low target of 2.6, the average target price over the next 12 months is 4.3. Based on these targets, DNN could surge 188.46% to reach the target high and rise by 25.0% to reach the target low. Reaching the average price target will result in a growth of 106.73% from current levels.

Analysts have provided yearly estimates in a range of -$0.09067632 being high and -$0.13492 being low. For DNN, this leads to a yearly average estimate of -$0.11279816000000001. Based on analyst estimates, the high estimate for the next quarter is -$0.01 and the low estimate is -$0.01. The average estimate for the next quarter is thus -$0.01.