In yesterday’s Wall Street session, Denison Mines Corp (AMEX:DNN) shares traded at $1.53, down -1.92% from the previous session.
As of this writing, 7 analysts cover Denison Mines Corp (AMEX:DNN). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $4.39 and a low of $1.68, we find $2.13. Given the previous closing price of $1.56, this indicates a potential upside of 36.54 percent. DNN stock price is now 0.90% away from the 50-day moving average and 20.20% away from the 200-day moving average. The market capitalization of the company currently stands at $1.28B.
There are 1 analysts who have given it a hold rating, whereas 4 have given it a buy rating. Brokers who have rated the stock have averaged $2.46 as their price target over the next twelve months.
Insiders disposed of 4,596,367 shares of company stock worth roughly $7.03 million over the past 1 year. A total of 2.30% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in DNN stock. In total, there are 223 active investors with 33.56% ownership of the company’s stock.
During the past 12 months, Denison Mines Corp has had a low of $0.92 and a high of $1.79. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 3.70, and a quick ratio of 3.53. The fifty day moving average price for DNN is $1.5208 and a two-hundred day moving average price translates $1.2738 for the stock.
The latest earnings results from Denison Mines Corp (AMEX: DNN) was released for Jun, 2023. According to the Uranium Company, earnings per share came in at $0, beating analysts’ expectations of -$0.01 by 0.01. This compares to -$0.02 EPS in the same period last year. The net profit margin was -136.85% and return on equity was -3.20% for DNN. The company reported revenue of $2.6 million for the quarter, compared to $5.33 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -51.23 percent.
Denison Mines Corp(DNN) Company Profile
Denison Mines Corp. operates as a uranium exploration and development company in Canada. Its flagship project is the 95% interest owned Wheeler River uranium project covering an area of approximately 300,000 hectares located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp. in December 2006. Denison Mines Corp. was incorporated in 1954 and is headquartered in Toronto, Canada.
