Denison Mines Corp [DNN] stock prices are up 0.53% to $1.89 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DNN shares have gain 3.85% over the last week, with a monthly amount drifted -2.07%, and not seem to be holding up well over a long-time horizon.
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On 29, February 2024, Denison Reports Impressive Financial and Operational Results for 2023 Including Significant Increase in Phoenix ISR Project Economics and a $134 Million Gain on Physical Uranium Holdings. In a post published today on Yahoo Finance, Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Audited Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the year ended December 31, 2023. Both documents are or will be available on the Company’s website at www.denisonmines.com, SEDAR+ (at www.sedarplus.ca) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents and should be read in conjunction with them. All amounts in this release are in Canadian dollars unless otherwise stated. View PDF version.
From an analyst’s perspective:
Denison Mines Corp [AMEX: DNN] stock has seen the most recent analyst activity on May 27, 2022, when TD Securities upgraded its rating to a Speculative Buy. Previously, Credit Suisse downgraded its rating to Underperform on July 18, 2017. On June 03, 2013, Cantor Fitzgerald initiated with a Buy rating. BMO Capital Markets reiterated its Market Perform rating and decreased its price target to $1.50 on April 15, 2013. Dahlman Rose initiated its recommendation with a Hold. Credit Suisse downgraded its rating to Underperform for this stock on May 15, 2009. In a note dated March 20, 2009, Raymond James downgraded an Underperform rating on this stock and revised its target price from $19 to $10.
The stock price of Denison Mines Corp [DNN] has been fluctuating between $0.92 and $2.15 over the past year. Denison Mines Corp [AMEX: DNN] shares were valued at $1.89 at the most recent close of the market.
Analyzing the DNN fundamentals
The Denison Mines Corp [AMEX:DNN] reported sales of 7.66M for trailing twelve months, representing a drop of -11.35%. Gross Profit Margin for this corporation currently stands at -0.06% with Operating Profit Margin at -4.26%, Pretax Profit Margin comes in at 4.66%, and Net Profit Margin reading is 4.86%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.11 and Total Capital is -0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.8533 points at the first support level, and at 1.8167 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9133, and for the 2nd resistance point, it is at 1.9367.
Denison Mines Corp [DNN] reported earnings per share of $0.03 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.01/share, meaning a difference of $0.04 and a surprise factor of 400.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.05 per share as compared to estimates of -$0.01 per share, a difference of $0.06 representing a surprise of 600.00%.
Ratios To Look Out For
It’s worth pointing out that Denison Mines Corp [AMEX:DNN]’s Current Ratio is 5.29. As well, the Quick Ratio is 5.10, while the Cash Ratio is 3.44. Considering the valuation of this stock, the price to sales ratio is 219.83, the price to book ratio is 4.07 and price to earnings (TTM) ratio is 42.95.
