At the time of writing, Denison Mines Corp [DNN] stock is trading at $1.30, up 13.04%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling.
From an analyst’s perspective:
On September 25, 2024, upgrade upgraded it’s rating to Outperform. ROTH MKM started tracking the stock assigning a Buy rating. TD Securities upgraded its rating to a Speculative Buy. Credit Suisse downgraded its rating to Underperform for this stock on July 18, 2017. In a note dated June 03, 2013, Cantor Fitzgerald initiated an Buy rating.
For the past year, the stock price of Denison Mines Corp fluctuated between $1.08 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 $1.30 at the most recent close of the market. An investor can expect a potential return of 100.0% based on the average DNN price forecast.
Analyzing the DNN fundamentals
According to Denison Mines Corp [AMEX:DNN], the company’s sales were 2.93M for trailing twelve months, which represents an -59.49% plunge. Gross Profit Margin for this corporation currently stands at -3.09% with Operating Profit Margin at -12.86%, Pretax Profit Margin comes in at -22.68%, and Net Profit Margin reading is -22.65%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.15 and Total Capital is -0.08.
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 1.1867 points at the first support level, and at 1.0733 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3567, and for the 2nd resistance point, it is at 1.4133.
Ratios To Look Out For
It is important to note that Denison Mines Corp [AMEX:DNN] has a current ratio of 3.65. Also, the Quick Ratio is 3.54, while the Cash Ratio stands at 3.2. Considering the valuation of this stock, the price to sales ratio is 397.43, the price to book ratio is 2.97.
