Denison Mines Corp. (AMEX:DNN) does about 4.26M shares in volume on a normal day but saw 3852532 shares change hands in Monday trading. The company now has a market cap of 1.05B USD. Its current market price is $1.37, marking an increase of 1.48% compared to the previous close of $1.35. The 52 week high reached by this stock is $1.83 whilst the lowest price level in 52 weeks is $0.91. The script in recent trading has seen the stock touch a high of $1.38 and a low of $1.31.
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Denison Mines Corp. (DNN) has a 20-day trading average at $1.2340 and the current price is -25.14% off the 52-week high compared with 50.55% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.1978 and its 200-day simple moving average is $1.2142. If we look at the stock’s price movements over the week, volatility stands at 6.57%, which decreases to 5.27% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.56 to suggest the stock is neutral.
The current price level is 11.79%, 14.59%, and 12.72% away from its SMA20, SMA50, and SMA200 respectively, with the DNN price moving below the 50-day SMA on January 23. Denison Mines Corp. (DNN) stock is up 1.48% over the week and 23.42% over the past month. Its price is 19.13% year-to-date and 9.60% over the past year.
Outstanding shares total 819.23M with insiders holding 0.59% of the shares and institutional holders owning 34.65% of the company’s common stock. The company has a return on investment of 5.90% and return on equity of 4.10%. The price to earnings ratio (P/E ratio) amounts to 91.33. The beta has a value of 1.81. Price to book ratio is 3.51 and price to sales ratio is 81.68.
Global X Uranium ETF isn’t the only investment manager who changed stakes and is followed by Sprott Uranium Miners ETF, which sold off 94507.0 shares to end up with 35,056,473 shares worth $40.31 million. Hood River Small-Cap Growth Fund raise their holdings by 7.02% in the company over the course of the most recent quarter. It now holds a 1.14% position in Denison Mines Corp. thanks to 9.37 million shares amounting to $10.78 million.
