At the time of writing, Denison Mines Corp [DNN] stock is trading at $1.69, up 6.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DNN shares have gain 7.64% over the last week, with a monthly amount glided 7.64%, and 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 $1.40 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 $1.69 at the most recent close of the market. An investor can expect a potential return of 53.85% 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 20.92% jump. Gross Profit Margin for this corporation currently stands at 43.25% with Operating Profit Margin at 96.62%, Pretax Profit Margin comes in at -97.46%, and Net Profit Margin reading is -101.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.09 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 1.6400 points at the first support level, and at 1.5900 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7200, and for the 2nd resistance point, it is at 1.7500.
Ratios To Look Out For
It is important to note that Denison Mines Corp [AMEX:DNN] has a current ratio of 6.94. In addition, the Quick Ratio stands at 6.78 and the Cash Ratio stands at 6.22. Considering the valuation of this stock, the price to sales ratio is 196.88, the price to book ratio is 3.39 and price to earnings (TTM) ratio is 38.41.
