Denison Mines Corp (DNN) is looking forward to a strong quarter

With 14.9 million shares changed hands, the volume of the stock remained lighter than its average volume of 15.35 million shares. During the session, the Uranium company that operates in wider Energy sector, reached to the highest price of $2.24 whereas the lowest price it dropped to was $2.13. The 52-week range on DNN shows that it touched its highest point at $2.25 and its lowest point at $1.00 during that stretch. It currently has a 1-year price target of $3.05. Beta for the stock currently stands at 1.70.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DNN was up-trending over the past week, with a rise of 8.08%, but this was up by 3.38% over a month. Three-month performance surged to 4.90% while six-month performance rose 33.75%. The stock gained 101.89% in the past year, while it has gained 20.90% so far this year. A look at the trailing 12-month EPS for DNN yields 0.04 with Next year EPS estimates of -0.01. For the next quarter, that number is -0.01. This implies an EPS growth rate of -114.11% for this year and -15.44% for next year.

Float and Shares Shorts:

At present, 890.97 million DNN shares are outstanding with a float of 878.85 million shares on hand for trading. On 2024-04-15, short shares totaled 42.82 million, which was 480.0 higher than short shares on 1710460800. 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 0.50116 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 2023-12-31, DNN reported revenue of -$5490000.0 and operating income of -$18275000.0. The EBITDA in the recently reported quarter was -$13653000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DNN since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.