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Denison Mines (NYSE:DNN) Shares Gap Down to $1.16

Defense World ·  Oct 2, 2022 03:51

Denison Mines Corp. (NYSE:DNN – Get Rating)'s stock price gapped down before the market opened on Friday . The stock had previously closed at $1.16, but opened at $1.13. Denison Mines shares last traded at $1.16, with a volume of 77,073 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Denison Mines to a "sell" rating in a report on Wednesday, August 3rd.

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Denison Mines Price Performance

The company has a market cap of $974.06 million, a PE ratio of 29.76 and a beta of 1.84. The business has a 50-day moving average of $1.23 and a 200 day moving average of $1.27.

Denison Mines (NYSE:DNN – Get Rating) last posted its quarterly earnings data on Thursday, August 4th. The company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.01). The firm had revenue of $5.33 million for the quarter. Denison Mines had a net margin of 239.22% and a return on equity of 13.62%. On average, equities analysts predict that Denison Mines Corp. will post -0.04 EPS for the current fiscal year.

Denison Mines Company Profile

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Denison Mines Corp. engages in the acquisition, exploration, development, extraction, processing, selling of, and investing in uranium properties in Canada. Its flagship project is the 95% interest owned Wheeler River uranium project located in the Athabasca Basin region in northern Saskatchewan. The company was formerly known as International Uranium Corporation and changed its name to Denison Mines Corp.

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