At the time of writing, Denison Mines Corp [DNN] stock is trading at $1.87, up 0.54%. 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 8.09% over the last week, with a monthly amount glided 15.43%, and 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.
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 $1.87 at the most recent close of the market. An investor can expect a potential return of 39.04% based on the average DNN price forecast.
Analyzing the DNN fundamentals
According to Denison Mines Corp [AMEX:DNN], the company’s sales were 3.27M for trailing twelve months, which represents an 55.33% jump. Gross Profit Margin for this corporation currently stands at -0.06% with Operating Profit Margin at -15.21%, Pretax Profit Margin comes in at -26.6%, and Net Profit Margin reading is -25.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is -0.2 and Total Capital is -0.12.
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 1.8133 points at the first support level, and at 1.7567 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9033, and for the 2nd resistance point, it is at 1.9367.
Ratios To Look Out For
It is important to note that Denison Mines Corp [AMEX:DNN] has a current ratio of 3.21. In addition, the Quick Ratio stands at 3.09 and the Cash Ratio stands at 2.66. Considering the valuation of this stock, the price to sales ratio is 512.59, the price to book ratio is 4.62.
