Denison Mines Corp (AMEX: DNN) – Suitable For Long Term Buy?

Currently, there are 888.61M common shares owned by the public and among those 871.93M shares have been available to trade.

Insiders at the company have transacted a total of 26 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 13 of these insider trades were purchases, accounting for 5,629,632 shares. Insider sales of the common stock occurred on 13 occasions, with total insider shares sold totaling 4,563,367 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The top 3 mutual fund holders in Denison Mines Corp are Global X Uranium ETF, Sprott Uranium Miners ETF, and Hood River Small-Cap Growth Fund. Global X Uranium ETF owns 47.4 million shares of the company’s stock, all valued at over $86.75 million. Hood River Small-Cap Growth Fund bought 1.2 million shares to bring its total holdings to over 12.7 million shares at a value of $23.24 million. Hood River Small-Cap Growth Fund now owns shares totaling to 1.43% of the shares outstanding.

However, the script later moved the day high at 1.8600, up 1.70%. The company’s stock has a 5-day price change of -2.19% and 11.18% over the past three months. DNN shares are trading 55.65% year to date (YTD), with the 12-month market performance up to 55.65% higher. It has a 12-month low price of $0.92 and touched a high of $1.89 over the same period. DNN has an average intraday trading volume of 10.21 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.68%, 7.26%, and 33.47% respectively.

Institutional ownership of Denison Mines Corp (AMEX: DNN) shares accounts for 39.27% of the company’s 888.61M shares outstanding. Mutual fund holders own –, while other institutional holders and individual stakeholders account for — and — respectively.

It has a market capitalization of $1.59B and a beta (3y monthly) value of 1.72. The stock’s trailing 12-month PE ratio is 40.68, while the earnings-per-share (ttm) stands at $0.04. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.26% over the week and 4.19% over the month.

Analysts forecast that Denison Mines Corp (DNN) will achieve an EPS of -$0.01 for the current quarter, -$0.01 for the next quarter and -$0.02 for 2024. The lowest estimate earnings-per-share for the quarter is -$0.01 while analysts give the company a high EPS estimate of -$0.01. Comparatively, EPS for the current quarter was $0 a year ago. Earnings per share for the fiscal year are expected to increase by 177.59%, and -154.39% over the next financial year.

Most Popular

Related Posts