Denison Mines Corp Stock Price on November 29, 2024
| DNN Stock | USD 2.20 0.01 0.46% |
Below is the normalized historical share price chart for Denison Mines Corp extending back to July 13, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Denison Mines stands at 2.20, as last reported on the 11th of December 2024, with the highest price reaching 2.33 and the lowest price hitting 2.12 during the day.
If you're considering investing in Denison Stock, it is important to understand the factors that can impact its price. Denison Mines appears to be risky, given 3 months investment horizon. Denison Mines Corp secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. By reviewing Denison Mines' technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Denison Mines' Downside Deviation of 2.58, mean deviation of 2.62, and Coefficient Of Variation of 491.16 to check if our risk estimates are consistent with your expectations.
At this time, Denison Mines' Common Stock Shares Outstanding is very stable compared to the past year. As of the 11th of December 2024, Common Stock Total Equity is likely to grow to about 1.7 B, while Total Stockholder Equity is likely to drop about 328 M. . At this time, Denison Mines' Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Earnings Ratio is likely to grow to 22.86, while Price Earnings To Growth Ratio is likely to drop 0.04. Denison Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of May 1997 | 200 Day MA 1.9795 | 50 Day MA 2.1348 | Beta 1.884 |
Denison |
Sharpe Ratio = 0.1583
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Estimated Market Risk
| 3.37 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Denison Mines is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Denison Mines by adding it to a well-diversified portfolio.
Price Book 4.8024 | Enterprise Value Ebitda 27.6596 | Price Sales 502.3097 | Shares Float 889.6 M | Wall Street Target Price 4.3 |
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Denison Mines Valuation on November 29, 2024
It is possible to determine the worth of Denison Mines on a given historical date. On November 29, 2024 Denison was worth 2.33 at the beginning of the trading date compared to the closed value of 2.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Denison Mines stock. Still, in general, we apply an absolute valuation method to find Denison Mines' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Denison Mines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Denison Mines' related companies.
| Open | High | Low | Close | Volume | |
| 2.28 | 2.38 | 2.28 | 2.30 | 18,537,970 | |
11/29/2024 | 2.33 | 2.47 | 2.33 | 2.36 | 24,024,704 |
| 2.41 | 2.42 | 2.25 | 2.29 | 29,362,927 |
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Denison Mines Trading Date Momentum on November 29, 2024
| On December 02 2024 Denison Mines Corp was traded for 2.29 at the closing time. Highest Denison Mines's price during the trading hours was 2.42 and the lowest price during the day was 2.25 . The net volume was 29.4 M. The overall trading history on the 2nd of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.97% . The overall trading delta to current price is 1.69% . |
Denison Mines Corp Fundamentals Correlations and Trends
By evaluating Denison Mines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Denison Mines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Denison financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Denison Mines Stock history
Denison Mines investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Denison is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Denison Mines Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Denison Mines stock prices may prove useful in developing a viable investing in Denison Mines
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 854 M | 896.7 M | |
| Net Income Applicable To Common Shares | 12.9 M | 13.6 M |
Denison Mines Quarterly Net Working Capital |
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Denison Mines Stock Technical Analysis
Denison Mines technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Denison Mines Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
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Denison Mines December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Denison Mines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Denison Mines shares will generate the highest return on investment. By undertsting and applying Denison Mines stock market strength indicators, traders can identify Denison Mines Corp entry and exit signals to maximize returns
Denison Mines Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Denison Mines' price direction in advance. Along with the technical and fundamental analysis of Denison Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Denison to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1549 | |||
| Jensen Alpha | 0.6855 | |||
| Total Risk Alpha | 0.1437 | |||
| Sortino Ratio | 0.2205 | |||
| Treynor Ratio | (29.82) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denison Mines Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Oil, Gas & Consumable Fuels space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Denison Mines. If investors know Denison will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Denison Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.004 | Quarterly Revenue Growth (0.11) | Return On Assets (0.06) | Return On Equity (0.05) |
The market value of Denison Mines Corp is measured differently than its book value, which is the value of Denison that is recorded on the company's balance sheet. Investors also form their own opinion of Denison Mines' value that differs from its market value or its book value, called intrinsic value, which is Denison Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Denison Mines' market value can be influenced by many factors that don't directly affect Denison Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Denison Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Denison Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Denison Mines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.