Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Denison Mines Corp’s current trading price is -11.56% away from its 52-week high, while its distance from the 52-week low is 100.54%. The stock’s price range over this period has fluctuated between $0.99 and $2.25. The company, operating within the financial sector, had a trading volume of approximately 8.74 million for the day, which was noticeably lower than the average daily share volume of 14.52 million over the last 3 months.
Denison Mines Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $2.25 on 04/12/24 and the lowest value was $0.99 on 04/21/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Denison Mines Corp (DNN) has experienced a quarterly rise of 1.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.78B.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.9001, with a change in price of +0.1400. Similarly, Denison Mines Corp recorded 13,893,444 in trading volume during the last 100 days, posting a change of +7.57%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared 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
Today, Denison Mines Corp’s raw stochastic average for the past 50 days stands at 50.00%, indicating a rise from the raw stochastic average of the last 20 days, which was 25.71%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 34.55% and 42.77% respectively.
DNN Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 12.43% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 32.67%. Over the past 30 days, the price of DNN has fallen by 3.11%. And in the last five days, it has fallen by -5.69%.
