Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Denison Mines Corp.’s current trading price is 1.56% away from its 52-week high, while its distance from the 52-week low is 76.25%. The stock’s price range during this period has varied between $0.92 and $1.60. The company, active in the Energy sector, saw a trading volume of around 8.69 million for the day, considerably higher average daily volume of 4.64 million observed over the last three months.
Currently, the stock price of Denison Mines Corp. (DNN) is $1.62. In the most recent trading session, the stock underwent a significant upswing, peaking at $1.60 after opening at $1.54. The stock touched a low of $1.52 before closing at $1.58.
Denison Mines Corp.’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $1.60 on 09/15/23, and the lowest price during that time was $0.92, recorded on 03/16/23.
How Financial Performance Impacts Market Capitalization
Denison Mines Corp. (DNN) has experienced a quarterly rise of 31.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.33B and boasts a workforce of 76 employees.
Decoding Analysts’ Ratings for Denison Mines Corp.
As of right now, 3 analysts are rating Denison Mines Corp. as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2411, with a change in price of +0.6050. Similarly, Denison Mines Corp. recorded 4,257,984 in trading volume during the last 100 days, posting a change of +59.31%.
How DNN’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for DNN stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
DNN Stock Stochastic Average
As of today, the raw stochastic average of Denison Mines Corp. over the past 50 days is 95.00%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 93.06%. Additionally, the Stochastic %K and %D values for the company were 92.87% and 92.85%, respectively, over the past 20 days.
DNN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 41.30%. However, over the past six months, we’ve seen a weaker performance of 60.89%. The price of DNN fallen by 22.18% over the last 30 days. And in the last five days, it has surged by 13.64%.