The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 19.21%.However, over the last six months, we can see a weaker performance of 42.57%. Over the last 30 days, the price of DNN has fallen by 17.88%. And in the last five days, it has fallen by -1.40%.
Denison Mines Corp’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $2.24 on 04/12/24 and a low of $0.99 for the same time frame on 04/21/23.
52-week price history of DNN Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Denison Mines Corp’s current trading price is -5.80% away from its 52-week high, while its distance from the 52-week low is 112.64%. The stock’s price range during this period has varied between$0.99 and $2.24. The Denison Mines Corp’s shares, which operate in the Energy, saw a trading volume of around 20.49 million for the day, a figure considerably higher than their average daily volume of 14.97 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Denison Mines Corp (DNN) has experienced a quarterly rise of 17.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.88B.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.89, with a change in price of +0.36. Similarly, Denison Mines Corp recorded 13,555,892 in trading volume during the last 100 days, posting a change of +20.57%.
DNN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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, Denison Mines Corp’s raw stochastic average for the last 50 days stands at 73.08%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 70.21%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 78.96% and 74.69%, respectively.
