Denison Mines Corp saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $2.15 on 02/01/24, while the lowest price for the same duration was marked at $0.98 on 04/10/23.
52-week price history of DNN Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Denison Mines Corp’s current trading price is -5.12% away from its 52-week high, while its distance from the 52-week low is 108.16%. The stock’s price range during this period has spanned from $0.98 to $2.15. In the Energy sector, the Denison Mines Corp’s shares surpassed a trading volume of approximately 11.24 million for the day, which was noticeably lower compared to the average daily volume of 9.13.9 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Denison Mines Corp (DNN) has experienced a quarterly rise of 19.30% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.82B.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.8439, with a change in price of +0.4423. Similarly, Denison Mines Corp recorded 12,596,371 in trading volume during the last 100 days, posting a change of +27.64%.
Examining DNN’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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
Today, Denison Mines Corp’s raw stochastic average for the past 50 days stands at 74.36%, indicating a decline from the raw stochastic average of the last 20 days, which was 91.85%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 83.00% and 80.05% respectively.
DNN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 15.25% this year. Over the last six months, there has been a weaker performance of 16.57%. The price of DNN fallen by 14.61% during the last 30 days period. For the last 5-days stocks have improved 5.15%.
