Denison Mines Corp Stock Price on December 17, 2024

DNN Stock  USD 1.88  0.07  3.59%   
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 1.88, as last reported on the 24th of December, with the highest price reaching 1.96 and the lowest price hitting 1.87 during the day.
IPO Date
16th of May 1997
200 Day MA
1.9891
50 Day MA
2.1642
Beta
1.884
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Denison Stock, it is important to understand the factors that can impact its price. As of now, Denison Stock is very risky. Denison Mines Corp secures Sharpe Ratio (or Efficiency) of 0.0185, which denotes the company had a 0.0185% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Denison Mines Corp, which you can use to evaluate the volatility of the firm. Please confirm Denison Mines' Mean Deviation of 2.55, coefficient of variation of 1237.23, and Downside Deviation of 2.87 to check if the risk estimate we provide is consistent with the expected return of 0.0619%.
  
At this time, Denison Mines' Common Stock Shares Outstanding is very stable compared to the past year. As of the 24th 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 24th 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.

Sharpe Ratio = 0.0185

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Estimated Market Risk

 3.34
  actual daily
29
71% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Denison Mines is performing at about 1% 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
4.1278
Enterprise Value Ebitda
27.6596
Price Sales
431.9515
Shares Float
889.6 M
Wall Street Target Price
4.3

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Denison Mines Valuation on December 17, 2024

It is possible to determine the worth of Denison Mines on a given historical date. On December 17, 2024 Denison was worth 2.02 at the beginning of the trading date compared to the closed value of 2.03. 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
  2.08    2.10    2.03    2.05    16,672,575  
12/17/2024
  2.02    2.04    1.97    2.03    24,183,103  
  2.01    2.06    1.91    1.91    25,318,883  
Backtest Denison Mines  |  Denison Mines History  |  Denison Mines Valuation   PreviousNext  
Open Value
2.02
2.03
Closing Value
12.03
Upside

Denison Mines Trading Date Momentum on December 17, 2024

On December 18 2024 Denison Mines Corp was traded for  1.91  at the closing time. Highest Denison Mines's price during the trading hours was 2.06  and the lowest price during the day was  1.91 . The net volume was 25.3 M. The overall trading history on the 18th of December 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 5.91% . The overall trading delta to current price is 3.94% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding854 M896.7 M
Net Income Applicable To Common Shares12.9 M13.6 M

Denison Mines Quarterly Net Working Capital

115.6 Million

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.
A focus of Denison Mines technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Denison Mines trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Denison Mines Period Price Range

Low
December 24, 2024
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High

 0.00 

     

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Denison Mines Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Denison Mines December 24, 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.
When determining whether Denison Mines Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Denison Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Denison Mines Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Denison Mines Corp Stock:
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.