At the time of writing, Denison Mines Corp [DNN] stock is trading at $1.88, down -1.05%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DNN shares have lost -3.59% over the last week, with a monthly amount drifted -5.53%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, TD Securities upgraded its rating to Speculative Buy on May 27, 2022. On July 18, 2017, downgrade downgraded it’s rating to Underperform. Cantor Fitzgerald started tracking the stock assigning a Buy rating. BMO Capital Markets reiterated its recommendation of a Market Perform and reduced its price target to $1.50 on April 15, 2013. In a note dated May 15, 2009, Credit Suisse downgraded an Underperform rating on this stock.
For the past year, the stock price of Denison Mines Corp fluctuated between $1.20 and $2.47. Currently, Wall Street analysts expect the stock to reach $2.6 within the next 12 months. Denison Mines Corp [AMEX: DNN] shares were valued at $1.88 at the most recent close of the market. An investor can expect a potential return of 38.3% based on the average DNN price forecast.
Analyzing the DNN fundamentals
According to Denison Mines Corp [AMEX:DNN], the company’s sales were 7.66M for trailing twelve months, which represents an -71.87% plunge. Gross Profit Margin for this corporation currently stands at -7.79% with Operating Profit Margin at -33.37%, Pretax Profit Margin comes in at 44.04%, and Net Profit Margin reading is 45.47%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.13 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 1.8327 points at the first support level, and at 1.7853 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9187, and for the 2nd resistance point, it is at 1.9573.
Ratios To Look Out For
It is important to note that Denison Mines Corp [AMEX:DNN] has a current ratio of 6.68. As well, the Quick Ratio is 6.54, while the Cash Ratio is 5.4. Considering the valuation of this stock, the price to sales ratio is 218.99, the price to book ratio is 3.64 and price to earnings (TTM) ratio is 42.73.
