At the time of writing, Denison Mines Corp [DNN] stock is trading at $2.09, up 0.97%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DNN shares have gain 2.45% over the last week, with a monthly amount drifted -6.28%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, BMO Capital Markets upgraded its rating to Outperform on September 25, 2024. On June 27, 2024, ROTH MKM initiated with a Buy rating. TD Securities upgraded its rating to a Speculative Buy. Credit Suisse downgraded its rating to a Underperform. In a note dated April 15, 2013, BMO Capital Markets reiterated an Market Perform rating on this stock and revised its target price from $1.80 to $1.50.
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 $2.09 at the most recent close of the market. An investor can expect a potential return of 24.4% 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 -80.40% plunge. Gross Profit Margin for this corporation currently stands at 9.47% with Operating Profit Margin at 16.83%, Pretax Profit Margin comes in at 10.97%, and Net Profit Margin reading is 10.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.04 and Total Capital is -0.07.
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 2.01 points at the first support level, and at 1.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.20, and for the 2nd resistance point, it is at 2.30.
Ratios To Look Out For
It is important to note that Denison Mines Corp [AMEX:DNN] has a current ratio of 6.28. Also, the Quick Ratio is 6.09, while the Cash Ratio stands at 5.35. Considering the valuation of this stock, the price to sales ratio is 344.73, the price to book ratio is 4.31 and price to earnings (TTM) ratio is 47.50.
