Currently, Denison Mines Corp [DNN] is trading at $1.45, up 5.07%. 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 11.54% over the last week, with a monthly amount drifted -17.14%, and not seem to be holding up well over a long-time horizon.
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.
This stock has fluctuated between a low of $1.27 and a high of $2.47 over the last 52 weeks. 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 $1.45 at the most recent close of the market. An investor can expect a potential return of 79.31% based on the average DNN price forecast.
Analyzing the DNN fundamentals
Trailing Twelve Months sales for Denison Mines Corp [AMEX:DNN] were 2.93M which represents -59.49% decline. Gross Profit Margin for this corporation currently stands at 5.19% with Operating Profit Margin at 16.65%, 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 1.4000 points at the first support level, and at 1.3500 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4800, and for the 2nd resistance point, it is at 1.5100.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Denison Mines Corp [AMEX:DNN] is 3.65. As well, the Quick Ratio is 3.54, while the Cash Ratio is 5.35. Considering the valuation of this stock, the price to sales ratio is 441.74, the price to book ratio is 3.31.
