Denison Mines Corp [DNN] stock prices are up 5.65% to $1.31 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The DNN shares have gain 10.08% over the last week, with a monthly amount drifted -6.43%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Denison Mines Corp [DNN] has been fluctuating between $1.08 and $2.47 over the past year. 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 $1.31 at the most recent close of the market. An investor can expect a potential return of 98.47% based on the average DNN price forecast.
Analyzing the DNN fundamentals
The Denison Mines Corp [AMEX:DNN] reported sales of 2.93M for trailing twelve months, representing a drop of -59.49%. Gross Profit Margin for this corporation currently stands at -3.09% with Operating Profit Margin at -16.78%, Pretax Profit Margin comes in at -22.83%, 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 -0.11.
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 1.2633 points at the first support level, and at 1.2167 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3433, and for the 2nd resistance point, it is at 1.3767.
Ratios To Look Out For
It’s worth pointing out that Denison Mines Corp [AMEX:DNN]’s Current Ratio is 3.65. On the other hand, the Quick Ratio is 3.54, and the Cash Ratio is 3.2. Considering the valuation of this stock, the price to sales ratio is 400.48, the price to book ratio is 2.99.
