Before You Invest In Denison Mines Corp (AMEX:DNN), Consider This Metric

In yesterday’s Wall Street session, Denison Mines Corp (AMEX:DNN) shares traded at $1.60, down -3.03% 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 $4.90 and a low of $1.66, we find $2.12. Given the previous closing price of $1.65, this indicates a potential upside of 28.48 percent. DNN stock price is now 4.06% away from the 50-day moving average and 25.00% away from the 200-day moving average. The market capitalization of the company currently stands at $1.34B.

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 $2.51 as their price target over the next twelve months.

Insiders disposed of 4,596,367 shares of company stock worth roughly $7.35 million over the past 1 year. A total of 2.30% of the company’s stock is owned by insiders.

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 $1.5420 and a two-hundred day moving average price translates $1.2816 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.

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